LIVING IN SAN JUAN CAPISTRANO
San Juan Capistrano is a medium-sized city located in the state of California. With a population of 36,013 people and four constituent neighborhoods, San Juan Capistrano is the 225th largest community in California.
Housing costs in San Juan Capistrano 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.
Unlike some cities where white-collar or blue-collar occupations dominate the local economy, San Juan Capistrano is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, San Juan Capistrano is a city of sales and office workers, service providers, and professionals. There are especially a lot of people living in San Juan Capistrano who work in sales jobs (14.65%), management occupations (12.84%), and office and administrative support (9.84%).
A relatively large number of people in San Juan Capistrano telecommute to their jobs. Overall, about 8.46% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
The population of San Juan Capistrano is very well educated relative to most cities and towns in the nation, where the average community has 21.84% of its adult population holding a 4-year degree or higher: 37.50% of adults in San Juan Capistrano have a bachelor's degree or even advanced degree.
The per capita income in San Juan Capistrano in 2010 was $47,077, which is upper middle income relative to California, and wealthy relative to the rest of the US. This equates to an annual income of $188,308 for a family of four. However, San Juan Capistrano contains both very wealthy and poor people as well.
San Juan Capistrano is an extremely ethnically-diverse city. The people who call San Juan Capistrano home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of San Juan Capistrano residents report their race to be White, followed by Asian. San Juan Capistrano also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 36.32% of the city’s residents. Important ancestries of people in San Juan Capistrano include German, English, Irish, Italian, and French.
In addition, San Juan Capistrano has a lot of people living here who were born outside of the US (20.65%).
The most common language spoken in San Juan Capistrano is English. Other important languages spoken here include Spanish and Chinese.
SAN JUAN CAPISTRANO HOUSING MARKET INFORMATION
With a population of 36,013, 12,396 total housing units (homes and apartments), and a median house value of $654,628, real estate costs in San Juan Capistrano are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive California communities.
Single-family detached homes are the single most common housing type in San Juan Capistrano, accounting for 56.23% of the city's housing units. Other types of housing that are prevalent in San Juan Capistrano include row houses and other attached homes ( 18.95%), mobile homes or trailers ( 9.07%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 9.07%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in San Juan Capistrano. Owner-occupied housing accounts for 74.59% of San Juan Capistrano's homes, and 56.06% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in San Juan Capistrano built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in San Juan Capistrano built between 1940-1969 ( 17.19%). A lesser amount of the housing stock also hails from between 2000 and later ( 10.97%). There's also some housing in San Juan Capistrano built before 1939 ( 1.75%).
SAN JUAN CAPISTRANO HOME APPRECIATION RATES
In the last 10 years, San Juan Capistrano has experienced some of the highest home appreciation rates of any community in the nation. San Juan Capistrano real estate appreciated 52.97% over the last ten years, which is an average annual home appreciation rate of 4.34%, putting San Juan Capistrano in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, San Juan Capistrano definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Over the last year, San Juan Capistrano appreciation rates have trailed the rest of the nation. In the last twelve months, San Juan Capistrano's appreciation rate has been 2.61%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in San Juan Capistrano were at 1.28%, which equates to an annual appreciation rate of 5.23%.
Relative to California, our data show that San Juan Capistrano's latest annual appreciation rate is lower than 70% of the other cities and towns in California.
Reasons To Invest
- Popular Tourist Destination
- Increasing Rental Demand
- Population Growth
- Growing Job Market
- Ethnically-Diverse City
Looking for investment properties?
The key to successful real estate investing is finding the right location. Sign up to view the top available investment properties.
- See detailed financial and neighborhood analysis
- Leverage the experience of industry experts
- Invest remotely with comprehensive, hands-free services
SO CAL MULTIFAMILY OWNERS RESOURCE
Southern California Multifamily Owners Resource is designed to help Southern California multifamily property owners manage, buy, sell and exchange their multifamily properties and enjoy stronger cash flow and a higher return on their investments. Learn more at www.socalmor.com.