Lynwood, CA Economic Overview
Lynwood is a city in Los Angeles County, located near South Gate and Compton, in the southern portion of the Los Angeles Basin. The city is centrally located approximately 13 miles south of Downtown Los Angeles between two major freeways, Interstate 105 and Interstate 710, and has tremendous exposure to the one-half million cars that pass through the city daily. Lynwood is home to the only commercial downtown district located along Interstate 105.
Since its incorporation in 1921, Lynwood continues to progress, with many of its accomplishments attributed to an aggressive redevelopment program that continues to attract new business and industry. Today, Lynwood is home to a host of booming retail centers, including the Atlantic Crossing and the Long Beach & Pluma Shopping Center. Restaurants and hotels, food services, building and construction, and retail stores continue to lead the City’s sales tax revenues, due to its location along Interstate 105. The local economy employs approximately 28,000 employees in a diverse range of industries, primarily concentrated in manufacturing and retail trade. The City’s largest private employers include St. Francis Medical Center, PL Development, Superior Warehouse Grocers, Inc., and Earle M. Jorgensen Company. The community is composed primarily of young professionals and families, with a median age of 28.6 and median household income of $43,109.
Lynwood, CA Commercial Real Estate Market
Lynwood’s new commercial efforts focus on the revitalization of the City’s downtown area, with a commercial corridor, Long Beach Boulevard, as the focal point. The City of Lynwood aims to create traditional commercial retail and mixed-use projects with design features to encourage pedestrian activity. These include pedestrian nodes, street furniture, hardscape and landscape, and unique paving patterns to reshape the area to encourage economic growth and development. In years to come, Lynwood’s community and economic development progress will change the City’s physical landscape, making Lynwood a desirable place for its growing population to work, shop, and live.
Lynwood, CA Commercial Inventory Breakdown
Total: 235,894 SF
By square footage range:
- 50k to 100k SF: 235,894 SF / 100% of total office
- Class A: 55,372 SF / 23.47% of total office
- Class B: 180,522 SF / 76.53% of total office
Total: 1,523,532 SF
By square footage range:
- 100k to 500k SF: 1,523,532 SF / 100% of total industrial
- Class A: 695,704 SF / 45.66% of total industrial
- Class B: 827,828 SF / 54.34% of total industrial
Employment in Lynwood, CA
Employment in the City of Lynwood continues to grow at an average 2.86% per year, with most jobs found in manufacturing (18.6%) and retail (13.1%). The unemployment rate is 6.4%, while the Los Angeles County unemployment rate averages 4.4%. The occupations with the fastest project job growth in the County include jobs found in the Professional and Healthcare sectors, including Mathematicians, Personal Care Aides, and Statisticians.
According to the Bureau of Labor Statistics, the industries in the Los Angeles-Long Beach- Glendale, CA area with the highest employment numbers include:
- Trade, Transportation, and Utilities—currently employs 820,900, growing at 0.2% per year
- Education and Health Service—currently employs 781,000, growing at 2.6% per year
- Professional and Business Services—currently employs 615,900, growing at 3.1% per year
Education in Lynwood, CA
Most of Lynwood is served by the Lynwood Unified School District. There are now 12 elementary schools, three middle schools, three high schools, one continuation school, one opportunity program, and one adult school in Lynwood. Enrollment for Grades K‐12 has reached 17,341. There are also three Parochial schools, as well as one Baptist and one Seventh Day Adventist school in Lynwood.
For higher education, there are 129 colleges within 50 miles of Lynwood. The nearest college is Charles R Drew University of Medicine and Science at a distance of 2.4 miles from Lynwood center. Other options include El Camino College Compton Center, California State University Dominquez Hills, Cerritos College, and Los Angeles Southwest College, all located within seven miles from Lynwood center.
Commuting Time in Lynwood, CA
Situated along the Interstate 150 (I-150), Lynwood is highly accessible via a number of freeways from surrounding communities, such as South Gate to the north, Compton to the south, Downy to the east, and Hawthorne to the west. These include:
- Commuting to downtown Los Angeles takes about 22 minutes via the I-710 S or the I-110 S by car,
- Lynwood Trolley (also known as Lynwood Breeze) provides local bus service as the main means of public transportation in the City of Lynwood. All buses start and end at Rosa Parks Transit Center in Lynwood. It connects with LA Metro buses and rail lines.
- The nearest airports are Compton/Woodley Airport, Hawthorne Municipal Airport, and Los Angeles International Airport (LAX), with LAX providing the most commercial flights.
Employees in Lynwood face an average commute time of 27.7 minutes, which is slightly longer than the national average of 24.8 minutes. The largest share of workers drives alone, followed by those who carpool and work at home.
- Total Population71,191
- Male Population(48.5 %) 34,496
- Female Population(51.5 %) 36,695
- Median Age28.60
- Average Household Income$54,589
- Median Household Income$43,109
- Median Income Under 25$40,288
- Median Income 25-44$40,567
- Median Income 45-64$47,809
- Median Income Over 65$36,411
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CommercialCafé is your first and only stop when it comes to commercial real estate leasings in Lynwood, CA. Search through our extensive selection of commercial properties for lease with current space availability in the area ranging between 2137 square feet and 14290 square feet. Discover the right property from our 104 listings by using our advanced search function, which includes search by property type, space availability, management company, lease rates, and more.