Glendale has a population of 203,054. It is the fourth largest city in Los Angeles County. It is located 13km north of downtown Los Angeles. This city is estimated to have the largest communities of Armenian descent in the US. In 2013, the readers and editors of curbed.com voted this city LA’s Neighborhood of the Year. The Forest Lawn Memorial Park Cemetery is one of the notable land marks in this city. The remains of many celebrities from Los Angeles are buried here.
The median value of residential properties in this city is $639,700. The home ownership rate is 34.5%. The median rent is $2,481. The value of residential properties have been growing significantly. In 2012, the median price of houses in Glendale was $489,000. It is estimated that in the next year, the rates are going to increase by 3.2%. Despite the significant increment in the value of homes, buying a home in Glendale remains relatively cheaper compared to the nearby cities of Brockmont, Oakmont, and Green Briar whose average home value is above $1million.
The economy of this city is driven by information technology, Entertainment, Real Estate, Arts, and recreation. The healthcare sector employs over 15,000 people, while agriculture, fishing, forestry, and hunting employs over 60,000 people. Universal Studios, Warner Bris Studios, Dodger Stadium, and Autry Museum of the American West are some of the prominent entertainment spots in Glendale.
This city has almost 50 public parks. Deukmejian Wilderness Park is in the north and Cerritos Park is in the south. Verdugo Park and Verdugo Mountains offer hiking opportunities for the residents and visitors. Art galleries and museums found in different parts of the city are also popular with the tourists.