Walter Mencken 11 a.m., Nov. 27
Even After the Bloodbath, SD Home Values High
Census Bureau figures released today (Sept. 28) still show San Diego with high home values, even though they are down 35% from the late 2005 peak. Median property values in the county (San Diego, Carlsbad, San Marcos metro area) are $417,700. That's in the top ten, but well below San Jose, Sunnyvale, Santa Clara at $638,300. The San Jose area has the highest monthly rentals at $1,414. San Diego is fourth at $1,224. Demographic figures from 2006-2008 show that 22.6% of the San Diego County population is foreign born, versus 12.5% for the U.S. A full 35.2% of San Diegans speak a language other than English a home versus 19.6% for the U.S. Hispanics or Latinos comprise 30.4% of the population, more than double the 15.1% of the U.S. Median household income in San Diego is $63,727, above the nation's $52,175.