Cost of Living in Downey, CA
Population: 111,793 • 2026 Data
$87,400
Median Household Income
+13% vs national
$1,892
Median Monthly Rent
+40% vs national
$728,500
Median Home Value
+115% vs national
5.8%
Unemployment Rate
Housing in Downey
The median home value in Downey, CA is $728,500. Monthly rent for a typical unit averages $1,892, while total monthly housing costs (including utilities and insurance) average $1,997.
Rent-to-income ratio: 26.0%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Downey, CA is $87,400. The unemployment rate stands at 5.8%, with a labor force of 59,508 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.