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The labor pool participation rate in Cerritos is 57.1%, with an unemployment rate of 6%. For all located in the labor pool, the average commute time is 34.8 minutes. 18.2% of Cerritos’s population have a masters degree, and 34.8% have a bachelors degree. For people without a college degree, 27.1% have at least some college, 13.7% have a high school diploma, and only 6.3% possess an education less than high school. 4.5% are not covered by medical health insurance.
The typical household size in Cerritos, CA is 3.53 household members, with 77.4% being the owner of their particular houses. The mean home cost is $685504. For people paying rent, they pay on average $2410 monthly. 53.2% of households have two incomes, and a median domestic income of $106190. Average individual income is $39336. 4.9% of residents survive at or below the poverty line, and 8.7% are disabled. 4.5% of residents of the town are veterans regarding the armed forces.