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Old 05-08-2011, 09:45 PM
 
1,465 posts, read 5,145,886 times
Reputation: 861

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Quote:
Originally Posted by Seattle12 View Post
I think it has alot to do with all the wannabe 24,000 dollar a year millionaires in L.A ...but why do people think SoCal is soooo expensive? Northern California and the Bay Area specifically trumps most cities in SoCal in terms of cost..plus everything in SF costs more(meaning food, gas,etc)

its weird hearing people tell me "norcal is way cheaper" im like "huh"?
Well, Seattle, you show an excellent understanding and a marvelous insight of southern and northern California so, naturally, I am likely to believe you. First, I have to find these '24,000 dollar a year millionaires'. It may take me a while.
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Old 05-09-2011, 12:08 AM
 
Location: Northern Colorado
4,932 posts, read 12,755,796 times
Reputation: 1364
Quote:
Originally Posted by 18Montclair View Post
Households Earning $100,000+
Los Angeles-Long Beach-Riverside, CA 1,535,315...27.2% of all households
San Jose-San Francisco-Oakland, CA 1,009,106...38.3% of all households

Households Earning $200,000+
Los Angeles-Long Beach-Riverside, CA 351,544...6.2% of all households
San Jose-San Francisco-Oakland, CA 293,755...11.1% of all households

LA leads in raw numbers, but it should be by a much bigger margin.

The Bay Area should be more visibly wealthy than SoCal but its not because people in SoCal flaunt wealth much much more than people in the Bay Area do.


Million Dollar Homes, 2008
Los Angeles-Long Beach-Riverside, CA 288,803...9.3% of all homes
San Jose-San Francisco-Oakland, CA 291,155...18.8% of all homes

The Bay Area topped the LA Area in the number of Milion-Dollar Homes according to the latest data(released earlier this week)

Very true.
I guess when you think about, other than San Francisco Los Angeles and LA area has more wealth.

Orange County is pretty welathy especially Mission Viejo and Costa Mesa.
In Los Angeles County, Beverley Hills and Santa Monica own. Of course, there are others.

Then there is Palm Desert in Riverside County and Rancho Cucomonga in San Bernardino County.

In San Luis Obispo County it's San Luis Obispo.
In Monterey County it's Monterey.
In Santa Barbara County it's Santa Barbara.

In Ventura County, Ventura and Simi Valley and Thousand Oaks are where the wealth is.
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Old 05-09-2011, 07:42 AM
 
Location: San Luis Obispo and Santa Barbara Counties
6,390 posts, read 9,679,297 times
Reputation: 2622
Quote:
In San Luis Obispo County it's San Luis Obispo
.

Check your stat, I believe Arroyo Grande is wealthier than SLO.

I do have a quibble. I don't recognize the Bay Area as northern CA. Redding, now that is northern CA
Northern CA is not wealthy (aside from the rice farmers ) and is very lightly populated. Probably not a million people, between a line drawn through Santa Rosa, Woodland, Lincoln, Auburn, Truckee (about where the southern boundary of northern CA) and the Oregon border.
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Old 05-09-2011, 10:17 AM
 
Location: Living on the Coast in Oxnard CA
16,289 posts, read 32,330,688 times
Reputation: 21891
Quote:
Originally Posted by 18Montclair View Post
Households Earning $100,000+
Los Angeles-Long Beach-Riverside, CA 1,535,315...27.2% of all households
San Jose-San Francisco-Oakland, CA 1,009,106...38.3% of all households

Households Earning $200,000+
Los Angeles-Long Beach-Riverside, CA 351,544...6.2% of all households
San Jose-San Francisco-Oakland, CA 293,755...11.1% of all households

LA leads in raw numbers, but it should be by a much bigger margin.

The Bay Area should be more visibly wealthy than SoCal but its not because people in SoCal flaunt wealth much much more than people in the Bay Area do.


Million Dollar Homes, 2008
Los Angeles-Long Beach-Riverside, CA 288,803...9.3% of all homes
San Jose-San Francisco-Oakland, CA 291,155...18.8% of all homes

The Bay Area topped the LA Area in the number of Milion-Dollar Homes according to the latest data(released earlier this week)

Very true.
The bay area has quite a bit less people then the LA area. Are you saying that they have on a percentage basis more million dollar homes? If that is the case, and I have no idea if it is, then I will agree. In raw numbers I would not believe it. When people talk of the LA metro area they include Ventura County, Orange County, and Los Angeles County.
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Old 05-09-2011, 10:44 AM
 
Location: Los Altos Hills, CA
36,653 posts, read 67,476,702 times
Reputation: 21228
Quote:
Originally Posted by SOON2BNSURPRISE View Post
The bay area has quite a bit less people then the LA area. Are you saying that they have on a percentage basis more million dollar homes? If that is the case, and I have no idea if it is, then I will agree.
Well, at the height of the market in 2007, 1 in 5(20%) Bay Area homes was valued at $1 Million+. It was ridiculous but proportionally twice as high as a proportion as anywhere else except Honolulu.

Quote:
In raw numbers I would not believe it. When people talk of the LA metro area they include Ventura County, Orange County, and Los Angeles County.
Yes, that's precisely what the Los Angeles-Long Beach-Riverside, CA Combined Statistical Area is.

As far as whether you believe it or not-that's something you'll have to take up with the Census Bureau's American Factfinder Community Survey cause that's their data from 2008.

Housing Units Valued at $1,000,000+, 2008
Los Angeles-Long Beach-Riverside, CA CSA
Los Angeles County, CA 179,676
Orange County, CA 78,290
Ventura County, CA 15,685
Riverside County, CA 9,745
San Bernardino County, CA 5,407

Housing Units Valued at $1,000,000+, 2008
San Jose-San Francisco-Oakland, CA CSA
Santa Clara County, CA 85,427
San Mateo County, CA 45,867
San Francisco, CA 38,252
Contra Costa County, CA 35,954
Alameda County, CA 29,020
Marin County, CA 27,682
Sonoma County, CA 11,532
Santa Cruz County, CA 9,346
Napa County, CA 5,049
San Benito County, CA 1,589
Solano County, CA 1,437

3 Top Counties outside of LA and Bay Area
San Diego County, CA 52,672
Santa Barbara County, CA 18,184
Monterey County, CA 10,126
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Old 05-09-2011, 10:48 AM
 
Location: San Diego, California Republic
16,588 posts, read 27,377,194 times
Reputation: 9059
Quote:
Originally Posted by .highnlite View Post
.

Check your stat, I believe Arroyo Grande is wealthier than SLO.

I do have a quibble. I don't recognize the Bay Area as northern CA. Redding, now that is northern CA
Northern CA is not wealthy (aside from the rice farmers ) and is very lightly populated. Probably not a million people, between a line drawn through Santa Rosa, Woodland, Lincoln, Auburn, Truckee (about where the southern boundary of northern CA) and the Oregon border.
Oh you people. The 7 million or so people in the Bay Area need to be told this.
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Old 05-09-2011, 11:19 AM
 
Location: Northern Colorado
4,932 posts, read 12,755,796 times
Reputation: 1364
Quote:
Originally Posted by .highnlite View Post
.

Check your stat, I believe Arroyo Grande is wealthier than SLO.

I do have a quibble. I don't recognize the Bay Area as northern CA. Redding, now that is northern CA
Northern CA is not wealthy (aside from the rice farmers ) and is very lightly populated. Probably not a million people, between a line drawn through Santa Rosa, Woodland, Lincoln, Auburn, Truckee (about where the southern boundary of northern CA) and the Oregon border.
SLO has more population and more wealthy people and higher household income, but AG has the higher family income.

AG average family income-$74,949
SLO average family income-$71,864

AG population-$17,000
SLO population-$45,000

Average cost for a home in SLO-$589,100
Average cost for a home in AG-$571,700

Also Monterey has a Macy's store in an open-air mall.
San Luis Obispo is getting a Macy's in a strip mall.
Santa Barbara has a open-air mall Macy's and Nordstrom's, and Sak's Fifth Avenue in downtown.

So I'd say the Central Coast is a pretty wealthy area.

Last edited by the city; 05-09-2011 at 11:31 AM..
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Old 05-09-2011, 04:05 PM
 
Location: San Luis Obispo and Santa Barbara Counties
6,390 posts, read 9,679,297 times
Reputation: 2622
Quote:
AG population-$17,000
SLO population-$45,000
Are you saying the Arroyo Grandeans are cheaper than the SLOites?
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Old 05-09-2011, 05:09 PM
 
Location: Earth
17,440 posts, read 28,589,728 times
Reputation: 7477
Quote:
Originally Posted by SOON2BNSURPRISE View Post
The bay area has quite a bit less people then the LA area. Are you saying that they have on a percentage basis more million dollar homes? If that is the case, and I have no idea if it is, then I will agree. In raw numbers I would not believe it. When people talk of the LA metro area they include Ventura County, Orange County, and Los Angeles County.
Orange County's usually considered a separate metro although occasionally is lumped in. Ventura is often included in the same metro as Los Angeles
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Old 05-09-2011, 08:01 PM
 
Location: SF Bay Area
18,980 posts, read 32,627,760 times
Reputation: 13630
Quote:
Originally Posted by majoun View Post
Orange County's usually considered a separate metro although occasionally is lumped in. Ventura is often included in the same metro as Los Angeles
No, actually it's the opposite. The census bureau designates LA as the Los Angeles-Long Beach-SANTA ANA Metropolitan Statistical Area (MSA) which obviously includes Orange County. There are separate MSA's for the Riverside-San Bernardino and Oxnard-Thousand Oaks-Ventura MSA. All three combine to make Los Angeles-Long Beach-Riverside Combined Statistical Area (CSA).

Any stat that is about the LA metro area will almost always include Orange County but not always Riverside-SB and Ventura areas because they are seperate MSA's.


Greater Los Angeles Area - Wikipedia, the free encyclopedia
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