Downey, CA 90240 Multi-family Properties For Sale
The median home value in Downey, CA 90240 is $774,100. This is lower than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Downey, CA 90240 is $774,100. Approximately 60.87% of Downey, CA 90240 homes are owned, compared to 34.55% rented, while 4.58% are vacant. Downey, CA 90240 real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Downey, CA 90240 real estate agent to arrange a tour today!
Learn More About Downey, CA 90240 Real EstateStatistics & facts
26,339
Population
$774K
Medium Home Value
7,670
# of Households
4.58%
Housing Vacancy
42.31%
Future Job Growth
4.50%
Unemployment Rate
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Central Susquehanna Valley Board of REALTORS® Multiple Listing Service Inc.. Real Estate listings held by brokerage firms other than this broker's includes the name of the listing brokers. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025, Central Susquehanna Valley Board of REALTORS® Multiple Listing Service Inc. All Rights Reserved.
Population
Downey, CA 90240 has a population of approximately 26,339 and experiences a population change rate of 5.82%. The population density is 8,946.7 / sq mi.
Household
The median household income for Downey, CA 90240 is $91,518, with 7,670 households and an average household size of 3.46.
Cost of Living
The cost of living index in Downey, CA 90240 is 183.1%.
Home Value
The median value of a home in Downey, CA 90240 is $774,100 with an appreciation rate of 16.0%. 60.9% of housing in the zip code is owned while 34.5% is rented.
Employment
The unemployment rate in Downey, CA 90240 is 4.50%, and recent job growth is at 0.54%. Future job growth is projected at 42.31%.
Taxes
The sales tax rate in Downey, CA 90240 is 10.00%, while the income tax rate is 9.30%.
Education
School expenditures in Downey, CA 90240 are $17,429, and the school ratio is 21.9:1.
Weather
The average high temperature in July is 84.7 degrees, with an average low temperature in January of 46 degrees. The average rainfall is approximately 14.5 inches per year, with 0 inches of snow per year.
Education near Downey CA, 90240
| Metric | City | County |
|---|---|---|
| High School Graduates | 80.8 | 80.04 |
| College Degree - 2 year | 8.06 | 7.04 |
| College Degree - 4 year | 24.91 | 34.04 |
| Graduate Degree | 5.55 | 8 |
| Expenditures per Student | $17,429 | $17,429 |
| Students per Teacher | 21.90 | 21.90 |
Elementary Schools near Downey CA , 90240
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Alameda Elementary School | KG - 03 | 604 | 21.6 | 90242 |
| Gallatin Elementary School | KG - 05 | 703 | 26.9 | 90240 |
| Gauldin Elementary School | KG - 05 | 620 | 25.8 | 90242 |
| Lewis Elementary School | KG - 05 | 766 | 25.5 | 90242 |
| Price Elementary School | KG - 05 | 877 | 25.8 | 90240 |
| Rio Hondo Elementary School | KG - 05 | 861 | 25.4 | 90241 |
| Rio San Gabriel Elementary School | KG - 05 | 862 | 27.8 | 90241 |
| Rivera Elementary School | KG - 05 | 715 | 27.5 | 90660 |
| Rosewood Park School | KG - 08 | 922 | 27.6 | 90040 |
| Unsworth Elementary School | KG - 05 | 662 | 26.3 | 90240 |
| Williams Elementary School | KG - 03 | 714 | 25.5 | 90241 |
Middle Schools near Downey CA , 90240
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Carpenter Elementary School | 04 - 05 | 533 | 31.4 | 90242 |
| DOTY Middle | 06 - 08 | 1422 | 26.1 | 90241 |
| Griffiths Middle School | 06 - 08 | 1419 | 26.5 | 90240 |
| North Park Middle School | 06 - 08 | 762 | 25.3 | 90660 |
| Old River Elementary School | 04 - 05 | 732 | 30.5 | 90242 |
| Rivera Middle School | 06 - 08 | 779 | 24.3 | 90660 |
| Stauffer Middle | 06 - 08 | 1474 | 25.7 | 90242 |
| Steam Academy @ Burke | 06 - 08 | 560 | 25.4 | 90660 |
| Sussman Middle School | 06 - 08 | 1108 | 24.5 | 90242 |
High Schools near Downey CA , 90240
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Downey High School | 09 - 12 | 4230 | 25.3 | 90241 |
| El Rancho High School | 09 - 12 | 2772 | 24.5 | 90660 |
| Warren High School | 09 - 12 | 3812 | 26.1 | 90241 |
Ungraded Schools near Downey CA , 90240
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| * Columbus Continuation School | 09 - 12 | 285 | 16.6 | 90241 |
| * Kirby, Dorothy Camp School | 07 - 12 | 46 | 12.4 | 90040 |
| * Ruben Salazar Continuation School | 09 - 12 | 160 | 14.6 | 90660 |
| Alternative Opportunity Programs School | KG - 12 | 185 | null | 90242 |
| Early Learning Program | UG - UG | 0 | null | 90660 |
| Laguna Nueva School | KG - 12 | 4 | 2.8 | 90040 |
| Los Angeles County Special Education School | KG - 12 | 630 | 3.5 | 90242 |
| Los Padrinos Juvenile Hall | 06 - 12 | 89 | 3.9 | 90242 |
