Burbank

For the decade, the yearly growth of the population in Burbank has averaged 0.73%. In contrast, the yearly indicator for the total state was 0.76% and the national average was 0.69%.

In that 10-year term, the rate of growth for the total population in Burbank was 6.60%, in contrast to 6.85% for the state, and 6.23% throughout the nation.

Currently, the median home value in Burbank is $666,700. In contrast, the median value for the state is $475,900, while the national median home value is $204,900.

Housing values in Burbank have changed during the last ten years at a yearly rate of 0.21. The yearly appreciation tempo in the state averaged 0.06. Across the US, property value changed annually at an average rate of 0.13.

When you look at the property rental market in Burbank you’ll discover a gross median rent of $1,477, in contrast to the state median of $1,429, and the median gross rent nationally of $1,023.