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July 2009 | www.SmartZip.com
PALMDALE, CA
Overview Key Investment Metrics
Incorporated in 1962, Palmdale is a city of Average SmartZip Score™ 72 Growth
nearly 130,000 people located in northeast 62 Income
Los Angeles County, in Southern California. Average Market Value: $198,522
Palmdale is a little over an hour north of the
City of Los Angeles, over the San Gabriel $107 per Sq. Ft.
Mountains. 10-Year Proj. Appreciation: 43%
Average Monthly Rent: $1,666
The Antelope Valley Enterprise Zone and the
Average Cap Rate: 4.3%
Foreign-Trade Zone both offer businesses
friendly state and federal tax breaks through 10-Year Proj. Population Growth: 21%
their respective programs.
The City is known as a family-oriented
community with a high quality of life. A new Local Expert Insights
state of the art medical center opens in 2009,
including the region’s largest emergency • Supply of homes has dropped significantly, 25%
department, a helipad, medical office towers, of level just 8-9 months ago
and a senior housing complex. • For older homes that are priced lower, try zip
codes 93550, 93534
On the Map • For more desirable, newer properties on the
west side, try 93551 and 93536
• With the decrease in supply, some lower-priced
properties may receive over 20 offers
• Average days on market is now less than 30
(non short sales)
• Rental market is strong as victims of foreclosure
are entering the market

Palmdale, CA Heat Maps
Safety Ratings Income SmartZip Score™
Investment Market Comparison
About the Top 10 Markets
The SmartZip Top 10 Markets™ is a featured list of the top rated markets hand-picked by our panel of
investment analysts. Candidates for the list are identified using our proprietary SmartZip Score™ ratings
averaged across the Growth and Income investment strategies. Learn more at www.SmartZip.com
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