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Home › Forums › Housing › SD Reader: San Diego Economy Still Staggering › As I pointed out in another

January 9, 2011 at 9:41 AM #650949
an
Participant

As I pointed out in another thread, there are more high income earner in NCC today than 10 years ago. Here are the numbers again specifically for Encinitas and Carlsbad:

Carlsbad:
>$150k: 3,753 (year 2000), 5720 (year 2009)
>$100k: 8933 (year 2000), 13218 (year 2009)
Encinitas:
>$150k: 3,021 (year 2000), 3355 (year 2009)
>$100k: 6603 (year 2000), 7558 (year 2009)

How many new homes have been built in Carlsbad/Encinitas over that period of time? There are 2301 more families making >$150k and 5150 more families making >$100k. Have there been enough new houses to meet this demand?

Median HHI in Carlsbad was $65,854 in 2000 and it’s $101,358 in 2009 not adjusted for inflation. Adjusting for inflation, it’s $72,281. For Encinitas, it was $64,821 in 2000 and it’s $99,043 in 2009 not adjusted for inflation. Adjusting for inflation, it’s $70,630. So yes, income has risen by over 50% over the last 10 years in nominal term.