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

On 15 August 2006 was issued by the U.S. Census Bureau’s annual statistics for the various population groups. Data for San Diego County showed some significant shifts from 2000 to 2005 in relation to the total population in San Diego, the percentage of men to women, percentage of people in different age groups, and the racial composition of the County. Population shifts Total population = 2,813,833 (CY 2000) to 2,824,259 (CY 2005) = 0. Increase of 4% Of the total population, there were shifts in the percentage of men to women. Men = 1,415,097 (CY 2000) to 1,400,199 (CY 2005) = 1 1% decrease. Women = 1,398,736 (CY 2000) to 1.42406 million (CY 2005) = 1 to increase 8%. Age changes The proportion of people in different age groups also changed during this time. Mean age = 33 2 years (CY 2000) v. 34 4 years (CY 2005) = 3 to increase 6%. Population under 5 years = 198 621 (CY 2000) to 221 575 (CY 2005) = 11 to increase 6%. Population under 18 years = 2,090,172 (CY 2000) to 2,067,282 (CY 2005) = 1 1% decrease. Population 65 years or older = 313 750 (CY 2000) to 310 836 (CY 2005) = 0. 9% decrease. Racial composition Of individuals who were themselves as belonging to a racial definition to find the following statistics: Total number of one-race “individuals = 2,681,866 (CY 2000) to 2,730,721 (CY 2005) = 1 to increase 8%. Persons who were themselves as members of a racial definition further divided into the following categories: White = 1,871,839 (CY 2000) to 1,927,166 (CY 2005) = 3% increase. African American = 161 480 (CY 2000) to 140 181 (CY 2005) = 13 2% decrease. American Indian and Alaska Native = 24 337 (CY 2000) to 19 902 (CY 2005) = 18 Decrease of 2% Asian = 249 802 (CY 2000) to 295 926 (CY 2005) = 18 5% increase Native Hawaiian and Other Pacific Islander = 13 561 (CY 2000) to 12 704 (CY 2005) = 6 3% decrease. Other Race = 360 847 (CY 2000) vs. 334,842 (CY 2005) = 7 2% decrease. Of those persons who are defined as members of the “two races”, the following statistics were found: Total, two-race individuals = 131 967 (CY 2000) to 93 538 (CY 2005) = 29 1% decrease. Hispanic or Latino (of any race) = 750 965 (CY 2000) to 843 901 (CY 2005) = 12 4% increase. Shifts in the characteristics of households Total household population = 2.71682 million (CY 2000) to 2,824,259 (CY 2005) = 4% increase. Average household size = 2 73 (CY 2000) against 2 71 (CY 2005) = 0. 7% decrease. Average family size = 3 29 (CY 2000) against 3 33 (CY 2005) = 1 to increase 2%. IMPLICATIONS FOR SAN DIEGO REAL ESTATE If you are interested in San Diego real estate, houses, condominiums or townhouses for sale, then the above information, you can be useful. The above information may help, demographic and population shifts, the impact of supply, demand and price of real estate and homes for sale in San Diego. San Diego is one of the most popular areas of the country because of its temperate climate. In fact, the year-around average weather in San Diego about 70 degrees Fahrenheit. San Diego Real Estate is also popular because of its proximity to the Pacific Ocean, the mountains and the US-Mexico border. Surrounded by Orange County and Riverside County in the north and the south of Mexico, San Diego Real Estate has hundreds of beach homes for sale. San Diego is the sixth most populous county in the nation. With this many people, buying real estate in San Diego can be a competitive procedure, depending on supply and demand of real estate and homes for sale at any given time. While the interest rates still relatively low and the supply is relatively high, buyers at this time, San Diego real estate find a good value. Those San Diego real estate enjoy year round perfect weather, easy access to the Mexican border, a thriving job market, and the joys of living near an ocean. Whether you are interested in boating, fishing, golf, tennis and other hobbies, residents and visitors, the San Diego real estate private access to all these activities, and much more. Please visit the Census Bureau’s web site for detailed demographic information about San Diego County. The Census Bureau will provide important statistics for various communities in their annual American Community Survey (ACS) report.

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