San Diego County Real Estate and Livability Trends
San Diego County, California, has seen median home values leap from $429,600 in 2015 to $725,200 in 2022, suggesting a substantial investment upside. Higher residential energy tax credits peaking at $5,286.74 in 2018 reflect increasing incentives for eco-friendly home upgrades. Rising real estate taxes, from $4,777.86 in 2012 to $8,658.87 in 2021, point to escalating property values and living... Read more
San Diego County Market Trends
San Diego County’s robust increase in median home values from $429,600 in 2015 to $725,200 in 2022 showcases a noteworthy outperformance compared to both California and national averages, implying a strong potential for real estate investment. Meanwhile, the significant fluctuations in residential energy tax credits per return, peaking at $5,286.74 in 2018, highlight growing incentives for... Read more
Median Value of Occupied Housing Units in San Diego County, California Over the Last 8 Years
San Diego County has seen a striking trend in median home values over the last eight years, outpacing both California and national averages. Jumping from $429,600 in 2015 to $725,200 in 2022, this growth in home values could make it a compelling area for investment and real estate development. Compared to the national median value, which rose from $125,500 to $179,400 in the same period, San Diego County homes have appreciated at a much faster rate, indicating strong demand and growth potential.
Residential Energy Tax Credit Per Tax Return in San Diego County, CA Over the Last 9 Years
Over the past nine years in San Diego County, California, residential energy tax credits per tax return have seen significant fluctuations, starting at around $2,166.65 in 2013 and peaking at $5,286.74 in 2018. This volatility highlights growing incentives for homeowners to invest in energy-efficient technologies and retrofits, making the area appealing for green energy initiatives. Mid-decade, credits remained substantial, with an average above $3,000, suggesting robust adoption of eco-friendly practices. For investors and homeowners, this trend underlines both the financial opportunities in energy-efficient improvements and the local commitment to sustainability.
Average Real Estate Taxes Per Tax Return in San Diego County, CA Over the Last 10 Years
Real estate taxes per tax return in San Diego County have shown a steady increase over the past decade, climbing from approximately $4,777.86 in 2012 to around $8,658.87 in 2021. This upward trend in property taxes might suggest rising property values and possibly escalating costs of living, factors crucial for prospective investors or homeowners to consider.
Percentage of Farm Returns in San Diego County, CA Over the Last 10 Years
Over the last decade, the percentage of farm tax returns in San Diego County, California, has gradually decreased from approximately 0.32% in 2012 to about 0.20% in 2021. Farm tax returns are filings by agricultural entities or individuals reporting income and expenses related to their farming operations. This downward trend may suggest a shift in economic activity or land use away from agriculture, potentially affecting those looking to invest in agricultural properties or businesses. Prospective investors and residents should consider this trend when evaluating the region's economic health and property development potential.
Number of Mortgages by Occupancy Type in San Diego County, CA Over the Last 5 Years in San Diego County
The number of mortgages for principal residences in San Diego County, California has generally seen a decline from a peak in 2020, while mortgages for investment properties have shown more fluctuation but not significant growth in recent years. This trend suggests potential shifts in the housing market, perhaps due to changes in housing affordability or economic conditions influencing homeownership preferences. These dynamics are crucial for investors, as shrinking principal residence mortgages may indicate changing demand and investment opportunities. For appraisers and insurance agents, understanding these patterns helps anticipate market value shifts and risk profiles. Real estate agents and builders should be aware of the declining principal residence trend and possibly cater to evolving demographic or financial circumstances.
Economic Outlook
San Diego County has experienced steady growth in average taxable income, rising from $68,198.92 in 2013 to $107,540.20 in 2021, signaling strong economic health. Concurrently, average state and local income taxes per tax return surged from $10,874.99 to $26,095.62, suggesting higher incomes or revised tax policies. Average total tax liability also saw an uptick, reflecting broader economic growth and potentially rising property values. The county's poverty rate fell from 14.4% in 2013 to 10.2%... Read more
Average Taxable Income per Tax Return in San Diego County, CA over the last 9 years
Over the last nine years, average taxable income per tax return in San Diego County, CA has shown consistent growth, from $68,198.92 in 2013 to an impressive $107,540.20 in 2021. This steady increase highlights a robust economic environment, making the area attractive for investors, new residents, and property developers alike. The significant jump in income in recent years underscores rising prosperity in the region, suggesting strong economic health and potential for future growth.
Average State and Local Income Taxes Per Tax Return in San Diego County, CA Over the Last 10 Years
From 2012 to 2021, San Diego County saw a significant and steady increase in average state and local income taxes per tax return, escalating from $10,874.99 to $26,095.62. This upward trend highlights a marked rise in tax liabilities for residents, reflecting potentially higher incomes or adjusted tax policies. For prospective movers and current residents, understanding these financial dynamics is crucial for planning and budgeting effectively.
Average Total Tax Liability Per Tax Return in San Diego County, CA Over the Last 10 Years
San Diego County has seen a steady rise in average total tax liability per tax return over the past decade, jumping from $12,314.35 in 2012 to $20,575.89 in 2021. This significant increase reflects a broader economic growth in the area, indicating higher incomes and possibly rising property values. Such trends can appeal to investors seeking robust markets and provide a financial overview for individuals contemplating relocation or property development in the region.
Cost of Living in San Diego County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $3,279 | $1,588 | $1,870 | $2,540 | $2,891 |
| 1 adult 4 children | $3,279 | $1,297 | $1,443 | $2,540 | $2,976 |
| 2 adults 3 children | $3,279 | $1,298 | $1,616 | $2,540 | $2,620 |
| 1 adult 3 children | $3,279 | $1,059 | $1,189 | $2,540 | $2,762 |
| 2 adults 2 children | $2,399 | $1,062 | $1,361 | $2,223 | $1,885 |
| 1 adult 2 children | $2,399 | $793 | $935 | $2,223 | $2,066 |
| 2 adults 1 child | $2,399 | $840 | $1,107 | $1,195 | $1,442 |
| 1 adult 1 child | $2,399 | $542 | $681 | $1,195 | $1,492 |
| 2 adults | $1,885 | $674 | $853 | $0 | $923 |
| 1 adult | $1,714 | $368 | $427 | $0 | $952 |
Safety trends & Data
San Diego County, California has seen fluctuating property crime rates over the past five years, with larceny-theft topping the list, peaking at 4,760 incidents in 2019 but dropping to 1,536 by 2021. Burglary saw a decline from 1,307 in 2018 to 620 in 2021, then slightly increased to 1,001 in 2022. Vandalism rates spiked to 1,404 in 2022 while motor vehicle theft remained relatively steady. Fraud had its peak at 392 incidents in 2022. This data could weigh heavily on investors' and residents'... Read more
Property Crime Trends in San Diego County, CA Over the Last 5 Years
San Diego County, California has seen fluctuating property crime rates over the past five years, with notable variances in different categories. Larceny-theft consistently tops the list, peaking in 2019 with 4,760 incidents but dropping significantly to 1,536 in 2021. Burglary has shown a general decline, from 1,307 in 2018 to 620 in 2021, before slightly rebounding to 1,001 in 2022. Vandalism and motor vehicle theft rates remain relatively stable, though vandalism spiked to 1,404 in 2022. Fraud cases also exhibit moderate fluctuations, reaching their highest at 392 incidents in 2022. This data is crucial for potential investors and residents, as it highlights both the risks and the progress made in reducing specific crime categories.
Demographics
San Diego County's demographic landscape reveals a relatively balanced gender distribution with a slight male majority. The educational attainment snapshot shows that a significant portion of residents hold Bachelor’s degrees, while a notable number have pursued some college education without obtaining a degree. Age-wise, the county is heavily populated by individuals aged 25 to 34, reflecting a youthful and potentially economically active segment. Racially, the majority is White, but there's... Read more
Race Distribution in San Diego County, California (2022)
Educational Attainment in San Diego County, California (2022)
Age Distribution in San Diego County, California
Citizen Population in San Diego County, California (2022)
Political Trends & Data
San Diego County, California, demonstrated a notable Democratic preference during the 2020 U.S. Presidential Election, with about 60% of votes going to Democratic candidates, compared to approximately 37% for Republicans. Third parties, such as the Libertarians and Greens, captured only minimal support, around 1% and less than half a percent respectively. Such political leanings could potentially impact local policy decisions and future voting patterns, indicating a strong Democratic influence... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In San Diego County, California, the 2020 U.S. Presidential Election showed a significant leaning towards the Democratic party, with Democrats receiving roughly 60% of the vote. The Republican party garnered approximately 37%, while third parties like the Libertarians and Greens captured only small fractions, around 1% and less than half a percent respectively. This trend may indicate a strong Democratic presence in this region, potentially influencing future elections and local policies.
37.46% of voters voted for the Republican party in the 2020 Presidential Election
60.21% of voters voted for the Democrat party in the 2020 Presidential Election
1.33% of voters voted for the Livertarian party in the 2020 Presidential Election
0.46% of voters voted for the Green party in the 2020 Presidential Election
0.54% of voters voted for the Other party in the 2020 Presidential Election
School Data
San Diego County, California's student-to-teacher ratio has dropped from 27 to just over 21, still above the national average of 14. Larger class sizes could concern families or investors, as they may impact education quality. Appraisers and insurance agents might see varying housing demand near schools, influencing property values. For real estate agents and developers, the ratio shift may reveal demographic trends and... Read more
Student-to-teacher ratio in San Diego County, California over the last 9 years
San Diego County, California's student-to-teacher ratio has seen a notable decline from 2014, dropping from 27 students per teacher to just over 21 in recent years. This trend places the county well above the current US national average of about 14 students per teacher, suggesting class sizes are larger than in many other parts of the country. This might be a point of concern for potential investors or families considering a move, as larger class sizes can impact the quality of education. Conversely, for appraisers and insurance agents, this data might indicate varying demand for housing near schools, influencing property values. For real estate agents and developers, the evolving student-to-teacher ratio could also offer insights into the changing demographic pressures and opportunities within the region.
