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Key Shifts In San Diego County Demographic Patterns - Real Estate Implications

On August 15, 2006, the US Census Bureauas belonging to "two-races", the following
released its annual statistics for variousstatistics  were  provided:
communities. The data for San Diego County
revealed some significant shifts from 2000 toTotal, Two -Race Individuals = 131,967 (CY
2005 in terms of the total population in San2000)  vs.  93,538 (CY 2005) = 29.1% decline.
Diego, the percentage of males to females,
percentage of people at various ages, and theHispanic or Latino (of any race) = 750,965
racial  composition  of  the  County.(CY 2000) vs. 843,901 (CY 2005) = 12.4%
increase.
POPULATION  SHIFTS
SHIFTS  IN  HOUSEHOLD  CHARACTERISTICS
Total Population = 2,813,833 (CY 2000) vs.
2,824,259  (CY  2005)  =  0.4%  increaseTotal Household Population = 2,716,820 (CY
2000)  vs. 2,824,259 (CY 2005) = 4% increase.
Of the total population, there were shifts in
the  percentage  of  males  to  females.Average Household Size = 2.73 (CY 2000) vs.
2.71  (CY  2005)  =  0.7%  decrease.
Males = 1,415,097 (CY 2000) vs. 1,400,199 (CY
2005)  =  1.1%  decline.Average family size = 3.29 (CY 2000) vs. 3.33
(CY  2005)  =  1.2%  increase.
Females = 1,398,736 (CY 2000) vs. 1,424,060
(CY  2005)  =  1.8%  increase.IMPLICATIONS  FOR  SAN  DIEGO  REAL  ESTATE
AGE  CHANGESIf you are interested in buying San Diego
real estate, homes, condos or townhouses for
The percentage of people at various age alsosale, then the above information may be
changed  during  this  time  period.useful to you. The information above can help
you understand demographic and population
Median Age = 33.2 years (CY 2000) vs. 34.4shifts that impact supply, demand, and price
years  (CY  2005)  =  3.6%  increase.of real estate and homes for sale in San
Diego.
Population Under 5 Years of Age = 198,621 (CY
2000) vs. 221,575 (CY 2005) = 11.6% increase.San Diego is one of the most popular areas in
the Country because of its moderate climate.
Population Under 18 Years of Age = 2,090,172In fact, the year-around average weather in
(CY 2000) vs. 2,067,282 (CY 2005) = 1.1%San  Diego  is  around 70 degrees Fahrenheit.
decline.
San Diego real estate is also popular because
Population 65 or Older = 313,750 (CY 2000)of its proximity to the Pacific Ocean,
vs.  310,836  (CY  2005)  =  0.9%  decline.mountains and the US-Mexico border. Bordered
by Orange County and Riverside County to the
RACIAL  COMPOSITIONnorth, and the Mexico to the south, San Diego
real estate has hundreds of beachfront
Of individuals who defined themselves asproperties  for  sale.
belonging to one-race, the following
statistics  were  provided:San Diego is the sixth most populated County
in the Nation. With this many people, buying
Total Number of "One-Race" Individuals =real estate in San Diego can be a competitive
2,681,866 (CY 2000) vs. 2,730,721 (CY 2005) =process depending on the supply and demand of
1.8%  increase.real estate and homes for sale at a
particular  time.
Individuals who defined themselves as
belonging to one-race, were furtherWhile interest rates are still relatively low
categorized  as  follows:and supply relatively high, buyers at this
time may find San Diego real estate a good
White = 1,871,839 (CY 2000) vs. 1,927,166 (CYvalue.
2005)  =  3%  increase.
Those who purchase San Diego real estate
Black or African American = 161,480 (CY 2000)enjoy year-around perfect weather, easy
vs.  140,181  (CY  2005)  =  13.2%  decrease.access to the Mexico border, a thriving job
market, and the pleasures of living close to
American Indian and Alaska Native = 24,337an  ocean.
(CY 2000) vs. 19,902 (CY 2005) = 18.2%
decreaseWhether you are interested in boating,
fishing, golfing, tennis or other hobbies,
Asian = 249,802 (CY 2000) vs. 295,926 (CYresidents and visitors who own San Diego real
2005)  =  18.5%  increaseestate have access to all these activities
and  more.
Native Hawaiian and Other Pacific Islander =
13,561 (CY 2000) vs. 12,704 (CY 2005) = 6.3%Please visit the Census Bureau's web site for
decline.detailed demographic information about San
Diego County. The Census Bureau provides key
Other Race = 360,847 (CY 2000) vs. 334,842statistics for various communities in its
(CY  2005)  =  7.2%  decline.annual American Community Survey (ACS)
report.
Of those individuals who defined themselves



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