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Highest  & Lowest Percentage of Mortgage-Free Homes
Los Angeles County Cities
2000 Census

Highest Percentage of Mortgage-Free Homes

Community

Percent

Industry

55.3%

Lancaster

48.4%

Avalon

43.7%

Monterey Park

37.3%

Beverly Hills

35.5%

Rolling Hills

34.5%

Commerce

33.4%

San Marino

30.9%

Arcadia

30.8%

San Gabriel

30.8%

Montebello

30.4%

Rosemead

30.0%

Alhambra

29.8%

La Habra Heights

29.0%

Artesia

28.9%

 

Lowest Percentage of Mortgage-Free Homes

Community

Percent

Vernon*

0.0%

Lakewood

3.6%

La Puente

5.1%

Agoura Hills

8.3%

Palmdale

8.4%

Santa Clarita

9.3%

Walnut

9.3%

Diamond Bar

9.9%

Calabasas

11.8%

San Dimas

12.3%

Lynwood

12.3%

Signal Hill

12.7%

Cerritos

14.2%

Westlake Village

14.2%

Inglewood

14.2%

*Vernon actually had only one owner-occupied home.
Source: U.S. Census Bureau

 

According the 2000 U.S. Census, 11.6% of L.A. County homeowners carry a second mortgage.

 

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