El Segundo Economic Development
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El Segundo's population grew steadily from the town's inception and has leveled off at just over 17,000, due to limited available space to build housing. However, that number will increase slightly with construction of several large multi-unit condo and townhome complexes.
While many generations of families have remained in El Segundo, the City has seen growth of new residents in recent years; many of them younger, educated professionals.
They choose El Segundo not just because they work here, but also because of the community's excellent schools, low crime, quiet neighborhoods, city services and small town charm.
El Segundo's daytime population peaks at approximately 70,000 people on a daily basis, thanks to the large number of employees who work here.
Population
- Workforce Population = 70,000+
- Total Residential Population = 17,272
- Households: 7,070
- Median Household Income: $126,683
Education
- High School Graduate or higher: 97.5%
- Bachelor's Degree or higher: 56.6%
El Segundo Unified School District (K-12) Enrollment (2021-2022 Academic Year) : 3,458
Race
- African American: 4.7%
- Asian: 10.8%
- Caucasian: 68.6%
- Latin/Hispanic: 16.2%
- Native American: 0.1%
- Native Hawaiian: 0%
- Two or more races: 13.2%
Housing
- Multi-Unit Households: 53%
- Single Unit Households: 46.9%
- Owner-Occupied Housing: 42.0%
- Tenant-Occupied Housing: 53.7%
- Vacant Housing: 4.3%
- Median Value of Owner-Occupied Housing: $1,244,200
- Median Gross Rent: $2,210
Climate
The weather in El Segundo features warm summers and mild winters with close to ideal climate conditions in Spring and Fall.
Annual precipitation averages less than 15 inches a year. The marine layer and gentle breezes from the adjacent coast help ease hot summer temperatures and minimize smog.
Average Temperatures
Period | Min | Mean | Max |
---|---|---|---|
Jan – Mar | 46.2 | 55.3 | 64.3 |
Apr – Jun | 51.9 | 59.2 | 66.5 |
Jul – Sep | 62.6 | 68.8 | 74.9 |
Oct – Dec | 65.8 | 65.9 | 66 |
Year | 56.6 | 62.3 | 68 |
Source: 2021 US Census Quick Facts El Segundo