Economic Indicators

  • Burbank, CA citywide office vacancy rate

    6.3%

    Citywide Office Vacancy Rate
  • Burbank, CA A & B office vacancy rate

    6.4%

    A & B Office Vacancy Rate*
  • Burbank, CA retail vacancy rate

    5.1%

    Retail Vacancy Rate
  • Burbank, CA flex/industrial rate

    4.9%

    Flex/industrial Vacancy Rate
  • Burbank, CA unemployment rate

    13.3%

    Unemployment – JANUARY 2021
  • Burbank’s median home price

    $912,500

    Median Home Price – Q4

As of  Fourth Quarter 2020
Source: HdL, EDD, Costar

*Class A office is defined as buildings attracting the highest quality tenants and commanding the highest rents.
Class B buildings are generally a little older with good quality management and tenants.