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NEW STATS: La Verne Residents Older, Lonlier, and Less of Us

May 19, 2013
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lavernheritageSomewhat surprising, from 2000 to 2012, La Verne’s population fell by 177, a 0.6% decrease, to 31,461. Over the same period, Los Angeles County’s population increased 0.32%.

As of 2012, La Verne’s non-Hispanic white population was 53.8%, compared with 27.1% for Los Angeles County, or about double that of L.A. County’s.

Yet, the non-White Hispanic population in the city decreased from 63.6% to 53.8% from 2000 to 2012. Over the same period, the share of the city’s Hispanic population increased from 23.1% to 32.5%.

Meanwhile, the median age for a La Verne resident is 43.1 versus 35.6 for Los Angeles County.

As for our earning power, the 2012 household median income in La Verne was $73,541 versus $53,880 for Los Angeles County, a difference of $19,661. Yet, the average salary per job in La Verne in 2011 was $45,563 compared with $50,666 for Los Angeles County, a shortfall of $5,103.

Inside those households, La Verne residents have more room to move around. The average La Verne household size is 2.7 compared with 3.0 for Los Angeles County.

La Verne homeowners (74.9% versus 54.3% for L.A. County) can take some comfort that the median price of a La Verne home was $400,000 in 2012 compared with $330,000 for a home in Los Angeles County. On the plus side, the median sales price of a La Verne home increased 73.9% from $230,000 in 2000 to $400,000 in 2012. On the negative side, the median La Verne home price slipped 3.3% from 2010 to 2012.

In 2012, there were 36 foreclosures in La Verne, which is an improvement compared with the 309 foreclosures that occurred in La Verne from 2007 to 2012, a pace of 61.9 foreclosures a year.

The pace of foreclosures slowed despite a somewhat gloomy jobs picture. From 2007-2012, manufacturing (-20%), construction (-31.4%), retail (-6.9%) and professional and management jobs (-7.7%) all fell.

Although La Verne wasn’t a hotbed of hiring, the average salary for jobs located in the city increased from $31,736 in 2003 to $45,563 in 2011, a 43.6% increase.

For those La Verne residents hitting the road to reach work, your commute was 32 minutes, the same as it was for Los Angeles County drivers. Your commute, however, was lonelier, with 82.9% driving alone compared with 75.3% for Los Angeles County commuters.

The purpose of the SCAG report aids cities such as La Verne in their planning and outreach efforts with regard to housing, transportation, employment, retail sales, and education.

To look at the full report, visit the city of La Verne’s website at http://www.ci.la-verne.ca.us/ and click on City of La Verne 2013 Statistics.

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