Economic Indicators

  • Burbank, CA retail vacancy rate

    7.5%

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

    22.3%

    A & B Office Vacancy Rate*
  • Burbank, CA flex/industrial rate

    5.1%

    Flex/industrial Vacancy Rate
  • Burbank, CA unemployment rate

    7.7%

    Unemployment
  • Burbank’s median home price

    $1.15M

    Median Home Price

As of Third Quarter 2024
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.