Cost of Living in Paramount, CA
Population: 52,546 • 2026 Data
$70,912
Median Household Income
-8% vs national
$1,772
Median Monthly Rent
+31% vs national
$500,400
Median Home Value
+48% vs national
5.6%
Unemployment Rate
Housing in Paramount
The median home value in Paramount, CA is $500,400. Monthly rent for a typical unit averages $1,772, while total monthly housing costs (including utilities and insurance) average $1,760.
Rent-to-income ratio: 30.0%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Paramount, CA is $70,912. The unemployment rate stands at 5.6%, with a labor force of 26,608 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.