Why Choose Cerritos
City Offerings
Prime Business Centers
Available office spaces, commercial/retail spaces and industrial/manufacturing warehouses to accommodate all business needs
Ideal Location
Centrally located between Los Angeles County and Orange County with easy access to freeways, just a 20 to 30 minute drive to various destinations in Los Angeles, Irvine, and the South Bay
Skilled Workforce
A highly educated, experienced and diverse workforce, ready to work
Master-Planned Community
Access to top-tiered schools, world-class facilities and parks, premier shopping centers and robust business centers
Well-Established Community
High property values and opportunities for new development and growth, offering first-class quality of life that employees and their families are seeking
Expansive Infrastructure
Access to reliable internet providers offering ultra-high speed internet service at rates of up to 100 Gbps
No/Low Property Tax City
What does it mean to be a "No/Low" property tax City?
As a no/low property tax city, Cerritos businesses are not assessed any additional property taxes other than the Los Angeles County's property tax.
No Local Property Tax
Excluding property tax assessed by Los Angeles County
No Library Tax
No Utility Tax
No Business Tax
Cerritos offers low business license fees
City Demographics
Median Income
Married-Couple Families: $142,184
Families: $129,779
Household: $124,460
Nonfamily Households: $75,393
Education
35.1% Bachelor's Degree:
20.1% Graduate or Professional Degree
(55.2% have a bachelor's degree or higher)
16.8% Some College, No Degree
13.6% High School or Equivalent Degree
8.3% Associate's Degree
Population is 25 years and older
Class of Worker
61.8% Employee of Private Company
19.4% Local, State and Federal Government
7.7% Private Not-for-Profit Wage and Salary
6.1% Self-Employed in Own not Incorporated Business and Unpaid Family
4.9% Self-Employed in own Incorporated Business
Occupation
13,191 Management, Business, Science and Arts
4,481 Sales and Office
2,654 Service
1,277 Production, Transportation and Material Moving
766 Natural Resources, Construction and Maintenance
Population is 16 years and older
Housing Value
70.5% $500,000–$999,999
20.8% $1,000,000 or more
4.3% $300,000–$499,999
1.5% Less than $50,000
0.8% $100,000–$149,999
0.8% $200,000–$299,999
0.4% $150,000–$199,999
Median Home Sale Price
Single-Family
$1,065,742
Condominium
$520,412
Source: Zillow.com (February 2024)