90660, Pico Rivera, CA

The Pico Rivera zip code 90660 has a population of about 107,000 people and is located in the San Gabriel Valley region of Los Angeles County. The median home value in this zip code is $527,500 which is significantly higher than the statewide median home value of $197,500. In addition, the Pico Rivera zip code has a high rate of home equity ownership with over 60% of households owning their homes outright or with a mortgage that is less than 90% of the value of their homes. This high rate of home equity ownership likely contributes to the high home prices in this zip code.

One reason for the high home prices in Pico Rivera may be due to its strong economy. The unemployment rate in this zip code is below average at 3.2%, which likely attracts many buyers and sellers looking for an affordable place to live. Additionally, Pico Rivera has many amenities that are not typically found in other parts of Los Angeles County such as a good school system and a low crime rate. These factors may also contribute to the high home prices in this area.