January 22, 2016 Comments Off on DTLA’s Population Paints a Positive Picture Views: 711 California News, Los Angeles

DTLA’s Population Paints a Positive Picture

A 2015 Downtown Los Angeles Survey Report, prepared by Beacon Economics for the Downtown Center Business Improvement District, tells a positive story of a community on the rise with far-reaching effects. According to the report, tourism is at a four-year high with hotel occupancy reaching 78%, development is rampant, and hip bars and eateries inundate the city’s blocks.

With data from the Office of Finance, the report takes a fresh look at DTLA’s community, prioritizing behaviors and attitudes over growth. When looking at the population that lives in the area and (lives/work) in the area, key takeaways include:

Live and (live/work)

  • Median age = 38 (live/work= 37)
  • College educated= 76 % (live/work= 80%)
  • Median income= $96.6k (live/work= $99.9k)
  • Married= 32% (live/work= 37%)
  • Cohabitate= 20% (live/work= 16%)
  • Have kids= 11% (live/work= 17%)

Of those who live/work in DTLA, 62% walk to work, which is a beacon of hope in a city where traffic never sleeps.

The residential population is around 58,000 – 43% male and 57% female. There are 34,500 residential units in DTLA, with thousands more springing to life.

DCBID President and CEO Carol Shatz, is most enamored by the statistics that show 80% of people say they are passionate about DTLA, and 73% of inhabitants feel like they are a part of the community.

Photo Credit: Terry McLaughlin, Asteryx Photography © 2015

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