What percentage of people rent in Paramount, CA?

Name: Renters and owners in Paramount, CA, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

57.0% (±3.5 points) of the occupied homes in Paramount, CA are rented (2020–2024 American Community Survey).

That is 8,338 renting households against 6,280 that own their home.

In Paramount, the share of households that rent went from 59.0% in 2015–2019 to 57.0% in 2020–2024 (−2.0 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 57.0% (±3.5 points)
Renting households: 8,338 (±618)
Median renter income: $66,024 (±$6,406)

Who rents and who owns in Paramount

Tenure, estimate (90% margin of error)
	Paramount	Los Angeles County	California	United States
Renter-occupied share	57.0% (±3.5 points)	54.1% (±0.2 points)	44.1% (±0.2 points)	34.8%
Renting households	8,338 (±618)	1,848,466 (±7,040)	5,980,523 (±22,985)	45,017,354
Owning households	6,280 (±519)	1,567,983 (±9,447)	7,567,568 (±37,334)	84,210,142
Average renter household size	3.4 (±0.2)	2.6 (±0.0)	2.7 (±0.0)	2.3
Average owner household size	3.7 (±0.2)	3.1 (±0.0)	3.0 (±0.0)	2.6
Median renter household income	$66,024 (±$6,406)	$66,677 (±$463)	$71,186 (±$298)	$52,966
Median owner household income	$95,141 (±$9,016)	$127,538 (±$734)	$127,456 (±$424)	$100,009

In Paramount, the renter share is not measurably different from Los Angeles County (54.1%).

It is also higher than in California (44.1%).

It is higher than the national figure (34.8%).

In Los Angeles County, Paramount ranks 28 of 140 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 103 of 1,076.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Paramount has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	59.0% (±2.2 points)	57.0% (±3.5 points)	−2.0 percentage points	Not a measurable change
Median gross rent	$1,388 (±$35)	$1,875 (±$55)	+35.1%	Up after inflation
Median household income	$55,670 (±$4,260)	$75,250 (±$6,365)	+35.2%	No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Paramount

Nearest places with a published estimate, compared with Paramount
Place	Distance	Households that rent	Compared with this place
Paramount	—	57.0% (±3.5 points)	—
East Rancho Dominguez	1.7 mi	44.9% (±4.5 points)	Lower
Bellflower	2.4 mi	60.7% (±2.0 points)	Not measurably different
Lynwood	2.7 mi	52.2% (±2.6 points)	Lower
Downey	3.4 mi	48.9% (±2.0 points)	Lower
South Gate	3.5 mi	54.7% (±2.0 points)	Not measurably different
Compton	3.5 mi	43.6% (±2.5 points)	Lower
Willowbrook	4.3 mi	57.2% (±4.8 points)	Not measurably different
Lakewood	4.4 mi	28.6% (±2.0 points)	Lower

Nearby places with a measurably lower figure: East Rancho Dominguez, CA (44.9%), Lynwood, CA (52.2%), Downey, CA (48.9%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Los Angeles County, place by place

Rank	Place	Households that rent
22	Beverly Hills	59.0% (±2.9 points)
23	Alhambra	58.9% (±1.7 points)
24	Long Beach	58.8% (±1.0 points)
25 (tie)	El Segundo	57.5% (±4.9 points)
25 (tie)	Pasadena	57.5% (±1.4 points)
27	Willowbrook	57.2% (±4.8 points)
28	Paramount	57.0% (±3.5 points)
29	Burbank	56.7% (±2.0 points)
30	Hawaiian Gardens	56.2% (±6.2 points)
31	South Pasadena	56.0% (±3.6 points)
32	South Gate	54.7% (±2.0 points)
33 (tie)	Lomita	54.1% (±4.1 points)
33 (tie)	Montebello	54.1% (±2.4 points)

Showing 13 of 140 places in Los Angeles County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Paramount

How many renters are there in Paramount?

Paramount has an estimated 8,338 (±618) renting households, 57.0% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Paramount?

In Paramount, the share of households that rent went from 59.0% in 2015–2019 to 57.0% in 2020–2024 (−2.0 percentage points), not a measurable change.

How big are renting households in Paramount?

A renting household in Paramount has 3.4 people on average, against 3.7 in an owned home.

How much do renters earn in Paramount?

The median renting household in Paramount, CA has an income of $66,024 (±$6,406) a year, against $95,141 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Paramount city, California (place:55618, in state:06).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.