The U.S. Census Bureau released the 2022 American Community Survey this week. The survey, which looks at demographic data in five-year increments, introduced several new detailed tables and demographic breakdowns. We looked at some trends in the data.
Nearly 6 million people 65 and older live in California, a figure that is slowly growing. In the last five years, 716,000 people became senior citizens in the state. That number will nearly double by 2030. Los Angeles County is home to roughly a quarter of the senior citizens in the state.
As the cost of living increases, the number of Golden State senior citizens in poverty is also rising, with nearly 14% of Los Angeles County senior citizens living below the poverty line. The national poverty rate declined significantly to 12.5% during the five-year period from 2018-22.
Across the country, housing costs continue to rise. Financial planners advise that no more than 30% of household income be spent on housing costs. The latest data show that is far from the reality for 41% of homeowners with a mortgage in Los Angeles County. For homeowners without a mortgage, roughly 16% are house burdened. It’s also not easy for renters. More than half of renters spend more than 30% of their household income on housing costs.
The data also point to how the pandemic changed the way people work. In Los Angeles County, the number of people working from home tripled from more than 270,000 to 810,000 in just five years. That number tracks with the rest of the state’s pool of people working from home, which tripled from 1 million to more than 3.2 million. For those having to commute into the office daily, the mean travel time to work has stayed the same with most L.A. County residents getting to work in 30 minutes (although most L.A. city residents would laugh at this figure.) The number of unemployed people in the county has gone down by 4% since 2017 with roughly 300,000 without work.
The new American Community Survey includes updated race data. They show the county has grown in its Asian and Latino population. Roughly 1.4 million people identified as Asian in Los Angeles County, up 2.4% from a decade ago. Those who identify as Latino and Hispanic account for nearly half of the population of the county. The county lost 80,000 Black people over the last decade.
