Cost of Living and Housing in Lomita, California

Lomita has about 20,225 residents. Median gross rent is $1,961 per month and median household income is $93,810.

Comparison scope: “dataset median” below means the median among 1,211 cities across 10 states in this dataset. It is not presented as a nationwide Census median. The figures use 2020-2024 ACS 5-Year estimates and may lag current listings.

Median Gross Rent $1,961/mo 18% above the dataset median

Median Home Value $831,500 122% above the dataset median

Median Household Income $93,810 12% above the dataset median

Owner-Occupied Homes 46% Share of occupied housing units

Rent-to-Income Baseline 25% Annual median rent ÷ household income

Home Value-to-Income 8.9x Median value ÷ household income

How Lomita compares

Rent is 18% above the dataset median, while household income is 12% above the dataset median. Within California, Lomita ranks #149 from lowest to highest rent and #199 from highest to lowest household income among 347 cities in this dataset.

The rent-to-income figure compares two citywide medians. It is useful for broad comparison, but it is not an individual household budget or a measure of renter cost burden.

Similar-size cities in California

Frequently asked questions

What is the median rent in Lomita?

Median gross rent is $1,961 per month in the 2020-2024 ACS 5-Year estimates.

What is the median home value in Lomita?

The median value of owner-occupied homes is $831,500 in the 2020-2024 ACS 5-Year estimates.

What is the median household income?

Median household income in Lomita is $93,810 per year.

Source: U.S. Census Bureau, 2020-2024 ACS 5-Year Estimates. Local database refreshed 2026-07-11.