Economic Indicators

  • Burbank, CA citywide office vacancy rate

    6%

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

    7%

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

    6%

    Retail Vacancy Rate
  • Burbank, CA flex/industrial rate

    3.7%

    Flex/industrial Vacancy Rate
  • Burbank, CA unemployment rate

    9%

    Unemployment – SEPT 2021
  • Burbank’s median home price

    $1.1M

    Median Home Price – Q4 2021

As of Fourth Quarter 2021
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.