Located in the heart of the Coachella Valley, the city of Palm Desert is nearly 11 miles east of Palm Springs and is a popular place for northerners to visit during the winter but has also become the year-round home to many residents.
The 2010 U.S. Census reported that the city had a population of 48,445 with a population density of 1,793 people per square mile. Despite attracting many seasonal visitors, the population grew 17.7 percent between 2000 and 2010 while California's overall population increased just 10 percent.
Data shows that there were 23,117 households of which 65.6 percent were owner-occupied and renters occupied 34.4 percent. The median value of owner-occupied units between 2006 and 2010 was $384,300. While the average sales price is much less than homes for sale in Los Angeles, the area definitely has its benefits.
The five-year estimates also listed the median rent per month as $1,160. According to the Census, the median household income was $56,897 while the median family income reached $78,632.
Homes for sale in Los Angeles could continue to see multiple offers, as mortgage rates have remained near all-time lows despite rising in two consecutive weeks.