Choppy growth for downtown L.A.

But growth nonetheless, according to a new demographic study prepared by the Downtown Center Business Improvement District - and based on online surveys conducted in March and April. Population in 2011 is 45,518, up 15.1 percent from the last time the survey was done in the fourth quarter of 2008. (It would have been nice to have annual numbers because the three-year gap can't account for all the recession-related ups and downs). Home ownership fell to 41 percent from 47 percent in 2008, the likely result of a weak economy. Median household income was $86,300 in 2011, down from $89.900 in 2008, though well above the citywide median. Downtown residents have lived in their current location for 1.7 years, compared with the 2.3 years in 2008. Median age is 36, as it was three years ago, and six out of 10 respondents are female, also unchanged (what's that about?). Plus, more respondents shop at Trader Joe's than Ralphs. Here's the full report.


More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAX
Socal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
Recent Downtown stories:
L.A.'s half-baked approach to quake readiness
A look around inside the Broad
LA to get denser and denser and denser
Some ideas to help Grand Park become the urban oasis we need
'Chinatown' screening in Union Station (photo)

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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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