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Reasons to Invest in Huntington Beach Apartment Market

City Markets Huntington Beach Apartment Market
Huntington Beach Rental Statistics -

Huntington Beach is a relatively large coastal city (i.e. on the ocean, a bay, or inlet) located in the state of California. With a population of 201,874 people and 42 constituent neighborhoods, Huntington Beach is the 23rd largest community in California.

Housing costs in Huntington Beach are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in California.

Huntington Beach is a decidedly white-collar city, with fully 85.86% of the workforce employed in white-collar jobs, well above the national average. Overall, Huntington Beach is a city of sales and office workers, professionals, and managers. There are especially a lot of people living in Huntington Beach who work in management occupations (14.31%), sales jobs (12.54%), and office and administrative support (12.46%).

Also of interest is that Huntington Beach has more people living here who work in computers and math than 95% of the places in the US.

One thing that you will notice about Huntington Beach is that there is a good-sized population of people who are young, single, educated, and upwardly-mobile career starters. Many singles consider Huntington Beach a good place to live without being in a really big city, with opportunities for friendships and fun with others like themselves.

Huntington Beach is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities.

Huntington Beach is one of the most well-educated cities in the nation. 42.32% of adults in Huntington Beach have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.

The per capita income in Huntington Beach in 2010 was $45,597, which is wealthy relative to California and the nation. This equates to an annual income of $182,388 for a family of four. However, Huntington Beach contains both very wealthy and poor people as well.

Huntington Beach is an extremely ethnically-diverse city. The people who call Huntington Beach home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Huntington Beach residents report their race to be White, followed by Asian. Huntington Beach also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 19.35% of the city’s residents. Important ancestries of people in Huntington Beach include German, Irish, English, Italian, and French.

Huntington Beach also has a high percentage of its population that was born in another country: 16.61%.

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Huntington Beach Rental Statistics -
Huntington Beach Rental Statistics

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Huntington Beach Rental Statistics -
Maximizing Income and Value

Mike Lembeck and RE/MAX Commercial specializes in adding value and achieving excellent returns for its investors through strategic acquisitions and property repositioning, including renovation, leasing, and management improvements.

Reasons To Invest

  • Increasing Rental Demand
  • Large Coastal City
  • High Appreciation
  • Decidedly White-Collar City
  • Ethnically-Diverse City

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