California / County

Moving to Lake Balboa, CA

Thinking of making a move to Lake Balboa, CA? Get helpful local information about living costs, neighborhoods, schools, weather, housing, DMV details, and practical relocation details before you plan your move.

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Everything You Should Know Before Moving to Lake Balboa, CA

Considering a move to Lake Balboa, CA? This welcoming community of 28,800 residents offers a blend of suburban charm and convenience, with median home prices around $770,000 and average rents near $2,200. Commute times average 33 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (74% annually), ideal for families and commuters alike. Explore Lake Balboa's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Lake Balboa, CA

Lake Balboa has a population of 28,800 residents, offering a diverse community with a median age of nearly 38 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 38% White, 6% Black, and 13% Asian residents, and over 39% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
28,800
Density
8,000 per sq mi
Median Age
38.2
Gender Ratio
97 males per 100 females
Non-English Speakers Percentage
38.5%

Ethnic Composition

White
38.0%
Black
6.4%
Asian
13.2%
Others
42.4%

Cost Of Living

What is the average cost of living in Lake Balboa, CA?

The cost of living in Lake Balboa is higher than the national average, with a cost of living index of 158.4. Median home values are around $770,000 and average rents for a two-bedroom apartment are approximately $2,200. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$770,000
Gross Rent
$2,200
Monthly Electricity Charges
$110
Auto Insurance
$1,900
House Owner Cost With Mortgage
$3,100
House Owner Cost Without Mortgage
$850
State Taxes
Low: 1.0%| High: 13.3%
Cost Of Living Index
158.4
Grocery
110.5
Housing
211.0
Utilities
106.0
Transportation
146.0
Health Care
108.0
Miscellaneous
109.0

Crime

Is Lake Balboa, CA a safe place to live?

Lake Balboa is considered a safe community, with a low violent crime rate of 317 incidents per 100,000 residents and a property crime chance of 1 in 47. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in California.

Violent Crimes Per 100k
317
Property Crimes Per 100k
2,140
Crime Index
2,457
Chance Of Violent Crime
1 in 316
Chance Of Property Crime
1 in 47

Weather

What is the weather like in Lake Balboa, CA year-round?

Lake Balboa experiences four distinct seasons, with warm summers reaching highs of 92°F and cold winters dipping to 42°F. The area receives about 17 inches of rainfall annually and enjoys sunshine on 74% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
42°F
Max
68°F

Summer

Min
65°F
Max
92°F

Spring

Min
52°F
Max
77°F

Fall

Min
58°F
Max
81°F
Average Rainfall Inches
16.5 inches
Sunny Days Percentage
74%

Neighbors

The neighborhood boasts a healthy median household income of $82,400 and a low poverty rate of 13.8%. Over 84% of residents have at least a high school diploma, and nearly 29% hold a bachelor's degree or higher. Commute times average 33 minutes, and almost 8% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$38,200
Household Income
$82,400
Family Income
$93,600
Per Capita Income
$36,200
Income Male
$44,700
Income Female
$39,400
Poverty Rate
13.8%
Non English Speakers
38.5%
Rent
$2,200
Unemployment Rate
4.8%
Public Transport Usage
7.8%
Commute Time
32.9 minutes

Education

High School or Higher
83.9%
Bachelors or More
29.1%

Education

How are the schools in Lake Balboa, CA?

Lake Balboa offers quality education options, with public schools like Gault Street Elementary School and Mulholland Middle School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including Los Angeles Valley College and California State University, Northridge. The community is committed to educational excellence for all age groups.

Public Schools

Name
Gault Street Elementary School
Street
17000 Gault St
Phone
818-343-1933
Students
500
Student Teacher Ratio
22.1
Name
Mulholland Middle School
Street
17120 Vanowen St
Phone
818-609-2500
Students
1,100
Student Teacher Ratio
23.3

Private Schools

Name
St. Bridget of Sweden School
Street
7100 Whitaker Ave
Phone
818-785-4422
Students
240

Colleges

Name
Los Angeles Valley College
City
Valley Glen
State
CA
Distance
4 miles
Students
18,000
Name
California State University, Northridge
City
Northridge
State
CA
Distance
6 miles
Students
38,600

Healthcare

Lake Balboa residents have access to quality healthcare, with major hospitals like Valley Presbyterian Hospital and Kaiser Permanente Panorama City Medical Center nearby. The community benefits from a high physician-to-resident ratio of 2.7 per 1,000 people and 90.8% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
Valley Presbyterian Hospital
Address
15107 Vanowen St, Van Nuys, CA 91405
Phone
(818) 782-6600
Type
General & Surgical
Emergency Services
Yes
Name
Kaiser Permanente Panorama City Medical Center
Address
13652 Cantara St, Panorama City, CA 91402
Phone
(818) 375-2000
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
2.7
Health Insurance Coverage
90.8%
Health Care Index
70.2

Housing Market

What is the housing market like in Lake Balboa, CA?

The local housing market is strong, with a median home price of $770,000 and an owner-occupied rate of nearly 60%. The market has seen a 3.7% appreciation over the past year, and rental vacancy rates remain moderate at 4.2%. Lake Balboa offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$770,000
Average Rent For 2 Bedroom
$2,200
Owner Occupied Rate
60.4%
Rental Vacancy Rate
4.2%
Home Appreciation Rate (1yr)
3.7%
New Construction Rate
0.9%
Foreclosure Rate
0.3%

DMV Information

Residents of Lake Balboa handle vehicle services through the California Department of Motor Vehicles, conveniently located in Sherman Oaks. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
California
Department
California Department of Motor Vehicles
Address
14920 Ventura Blvd, Sherman Oaks, CA 91403
Phone
1-800-777-0133

Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.

FAQs About Moving to Lake Balboa, CA

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Lake Balboa, review the core fields on this page: population 28,800, median home value $770,000, average rent for 2 bedroom $2,200, commute time 32.9 minutes, and sunny days percentage 74%.

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