For the record, the 65k figure is the average median income in San Diego.
As we know, housing is local. I picked that figure to illustrate why it would be so hard for the “average” person to buy a decent plant here with a conventional loan.
For those interested, here are more stats (you’ll note my original figure was generous).
As of 2006, there were 2,941,454 people, 1,067,846 households, and 663,449 families residing in the county. The population density was 259/km² (670/mi²). There were 1,118,410 housing units at an average density of 96/km² (248/mi²). The racial makeup of the county was 52.3% Non-Hispanic White, 5.6% Black or African American, 0.86% Native American, 10.2% Asian, 0.78% Pacific Islander, 13% from other races, and 5% from two or more races. 29.9% of the population were Hispanic or Latino of any race. [2] 67.0% spoke English, 21.9% Spanish, 3.1% Tagalog and 1.2% Vietnamese as their first language.
There were 994,677 households out of which 33.90% had children under the age of 18 living with them, 50.70% were married couples living together, 11.60% had a female householder with no husband present, and 33.30% were non-families. 24.20% of all households were made up of individuals and 7.90% had someone living alone who was 65 years of age or older. The average household size was 2.73 and the average family size was 3.29.
In the county the population was spread out with 25.70% under the age of 18, 11.30% from 18 to 24, 32.00% from 25 to 44, 19.80% from 45 to 64, and 11.20% who were 65 years of age or older. The median age was 33 years. For every 100 females there were 101.20 males. For every 100 females age 18 and over, there were 99.70 males.
The median income for a household in the county was $47,067, and the median income for a family was $53,438. Males had a median income of $36,952 versus $30,356 for females. The per capita income for the county was $22,926. About 8.90% of families and 12.40% of the population were below the poverty line, including 16.50% of those under age 18 and 6.80% of those age 65 or over.
[edit] Current estimates
According to estimates by the San Diego Association of Governments, the median household income of San Diego County in 2005 was $64,273 (not adjusted for inflation). When adjusted for inflation (1999 dollars; comparable to Census data above), the median household income was $52,192.
