Distribution of Wealth in SD County

[an]

Sorry, I don’t have time to do campaigning. Just thought you might have the stats. Just because someone have their house paid for doesn’t mean they’re wealthy. But since you don’t have data, lets just leave it as that. Like the motto of this site goes, in God I trust, everyone one else, bring data.

If you want to talk about recent comps, here they are:

91910:
http://www.sdlookup.com/MLS-090044262-91910
3/2 1470 sq-ft sold for $287k
http://www.sdlookup.com/MLS-100006407-434_James_Ct_Chula_Vista_CA_91910
3/2 1722 sq-ft sold for $280k
http://www.sdlookup.com/MLS-100015295-1244_Cima_Del_Rey_Chula_Vista_CA_91910
4/3 2109 sq-ft sold for $430k

92126:
http://www.sdlookup.com/MLS-100011841-7974_Goleta_Rd_San_Diego_CA_92126
3/2 1275 sq-ft sold for $380k
http://www.sdlookup.com/MLS-100016714-10940_Decatur_Rd_San_Diego_CA_92126
3/2 1054 sq-ft sold for $360k
http://www.sdlookup.com/MLS-100007007-7419_Mason_Heights_Ln_San_Diego_CA_92126
4/3 2025 sq-ft sold for $500k

92129:
http://www.sdlookup.com/MLS-090050355-12602_Spindletop_Rd_San_Diego_CA_92129
2/2 1127 sq-ft sold for $421k
http://www.sdlookup.com/MLS-100011147-12969_Calle_De_Las_Rosas_San_Diego_CA_92129
3/2 1612 sq-ft sold for $468k
http://www.sdlookup.com/MLS-100017713-9250_Maler_Rd_San_Diego_CA_92129
4/3 2177 sq-ft sold for $619k

There are more examples. But I assume 3 for each area should be sufficient? I picked 2 small 1100-1700 sq-ft single story and 1 4/3 2100 sq-ft newer 2 stories.

[Coronita]

[quote=bearishgurl]Exc. SANDAG data, UCGal. Thanks for posting.

Don’t judge an owner by their house and conversely, don’t judge a house by its owner. Some low-income owners survive fine in very nice properties and areas and some “wealthy” owners reside in the same property they bought in 1952, where the ‘hood has “gentrified” significantly since then but still suits them just fine :)[/quote]

Actually, I have one example of this. Someone that I know that is more or less a filing clerk live in a very nice part of CV the (other CV): spouse runs a home business too, and not *that* lucrative). They aren’t by any means “high wage earners”. However, I believe they are incredible at managing their finances. It also helped that they purchased pre-peak, and even better that they didn’t participate in the cashing-out-as-atm syndrome. I really like this older couple because they’re one of the nicest people. Looking at what they do and contrasting to the more modern, spend spend spend/lease this /borrow that…It’s a world of difference.

[Coronita]

[quote=bearishgurl]Exc. SANDAG data, UCGal. Thanks for posting.

Don’t judge an owner by their house and conversely, don’t judge a house by its owner. Some low-income owners survive fine in very nice properties and areas and some “wealthy” owners reside in the same property they bought in 1952, where the ‘hood has “gentrified” significantly since then but still suits them just fine :)[/quote]

Actually, I have one example of this. Someone that I know that is more or less a filing clerk live in a very nice part of CV the (other CV): spouse runs a home business too, and not *that* lucrative). They aren’t by any means “high wage earners”. However, I believe they are incredible at managing their finances. It also helped that they purchased pre-peak, and even better that they didn’t participate in the cashing-out-as-atm syndrome. I really like this older couple because they’re one of the nicest people. Looking at what they do and contrasting to the more modern, spend spend spend/lease this /borrow that…It’s a world of difference.

[Coronita]

[quote=bearishgurl]Exc. SANDAG data, UCGal. Thanks for posting.

Don’t judge an owner by their house and conversely, don’t judge a house by its owner. Some low-income owners survive fine in very nice properties and areas and some “wealthy” owners reside in the same property they bought in 1952, where the ‘hood has “gentrified” significantly since then but still suits them just fine :)[/quote]

Actually, I have one example of this. Someone that I know that is more or less a filing clerk live in a very nice part of CV the (other CV): spouse runs a home business too, and not *that* lucrative). They aren’t by any means “high wage earners”. However, I believe they are incredible at managing their finances. It also helped that they purchased pre-peak, and even better that they didn’t participate in the cashing-out-as-atm syndrome. I really like this older couple because they’re one of the nicest people. Looking at what they do and contrasting to the more modern, spend spend spend/lease this /borrow that…It’s a world of difference.

[Coronita]

[quote=bearishgurl]Exc. SANDAG data, UCGal. Thanks for posting.

Don’t judge an owner by their house and conversely, don’t judge a house by its owner. Some low-income owners survive fine in very nice properties and areas and some “wealthy” owners reside in the same property they bought in 1952, where the ‘hood has “gentrified” significantly since then but still suits them just fine :)[/quote]

Actually, I have one example of this. Someone that I know that is more or less a filing clerk live in a very nice part of CV the (other CV): spouse runs a home business too, and not *that* lucrative). They aren’t by any means “high wage earners”. However, I believe they are incredible at managing their finances. It also helped that they purchased pre-peak, and even better that they didn’t participate in the cashing-out-as-atm syndrome. I really like this older couple because they’re one of the nicest people. Looking at what they do and contrasting to the more modern, spend spend spend/lease this /borrow that…It’s a world of difference.

[Coronita]

[quote=bearishgurl]Exc. SANDAG data, UCGal. Thanks for posting.

Don’t judge an owner by their house and conversely, don’t judge a house by its owner. Some low-income owners survive fine in very nice properties and areas and some “wealthy” owners reside in the same property they bought in 1952, where the ‘hood has “gentrified” significantly since then but still suits them just fine :)[/quote]

Actually, I have one example of this. Someone that I know that is more or less a filing clerk live in a very nice part of CV the (other CV): spouse runs a home business too, and not *that* lucrative). They aren’t by any means “high wage earners”. However, I believe they are incredible at managing their finances. It also helped that they purchased pre-peak, and even better that they didn’t participate in the cashing-out-as-atm syndrome. I really like this older couple because they’re one of the nicest people. Looking at what they do and contrasting to the more modern, spend spend spend/lease this /borrow that…It’s a world of difference.

[UCGal]

[quote=bearishgurl]
Household incomes in SD County:

$00 to 45K = low income
$45K to 100K = lower MC income
$100K to 200K = MC income
$200K to 350K = upper MC income
wealth = non RE and non-retirement assets of $1.5M or more
[/quote]

[quote=UCGal]
That translates (approximately) to
lower class = low 60’s or less
lower middle = low 70’s or less
middle = 100k or less
upper middle = mid 130’s or less
upper class = above 130k.
[/quote]

[quote=AN]I see the break down a little differently.

bottom 40% (below $45k) = lower class
40-60% (45-70k) = lower middle class
60-90% (70-130k) = middle class
90-99% (130-???) = upper middle class
top 1% = rich/wealthy[/quote]

I just wanted to put the three breakdowns next to each other. I can go with AN’s breakdown even if it puts very few folks in upper middle class (compared to the number in lower middle class.)

[UCGal]

[quote=bearishgurl]
Household incomes in SD County:

$00 to 45K = low income
$45K to 100K = lower MC income
$100K to 200K = MC income
$200K to 350K = upper MC income
wealth = non RE and non-retirement assets of $1.5M or more
[/quote]

[quote=UCGal]
That translates (approximately) to
lower class = low 60’s or less
lower middle = low 70’s or less
middle = 100k or less
upper middle = mid 130’s or less
upper class = above 130k.
[/quote]

[quote=AN]I see the break down a little differently.

bottom 40% (below $45k) = lower class
40-60% (45-70k) = lower middle class
60-90% (70-130k) = middle class
90-99% (130-???) = upper middle class
top 1% = rich/wealthy[/quote]

I just wanted to put the three breakdowns next to each other. I can go with AN’s breakdown even if it puts very few folks in upper middle class (compared to the number in lower middle class.)

[UCGal]

[quote=bearishgurl]
Household incomes in SD County:

$00 to 45K = low income
$45K to 100K = lower MC income
$100K to 200K = MC income
$200K to 350K = upper MC income
wealth = non RE and non-retirement assets of $1.5M or more
[/quote]

[quote=UCGal]
That translates (approximately) to
lower class = low 60’s or less
lower middle = low 70’s or less
middle = 100k or less
upper middle = mid 130’s or less
upper class = above 130k.
[/quote]

[quote=AN]I see the break down a little differently.

bottom 40% (below $45k) = lower class
40-60% (45-70k) = lower middle class
60-90% (70-130k) = middle class
90-99% (130-???) = upper middle class
top 1% = rich/wealthy[/quote]

I just wanted to put the three breakdowns next to each other. I can go with AN’s breakdown even if it puts very few folks in upper middle class (compared to the number in lower middle class.)

[UCGal]

[quote=bearishgurl]
Household incomes in SD County:

$00 to 45K = low income
$45K to 100K = lower MC income
$100K to 200K = MC income
$200K to 350K = upper MC income
wealth = non RE and non-retirement assets of $1.5M or more
[/quote]

[quote=UCGal]
That translates (approximately) to
lower class = low 60’s or less
lower middle = low 70’s or less
middle = 100k or less
upper middle = mid 130’s or less
upper class = above 130k.
[/quote]

[quote=AN]I see the break down a little differently.

bottom 40% (below $45k) = lower class
40-60% (45-70k) = lower middle class
60-90% (70-130k) = middle class
90-99% (130-???) = upper middle class
top 1% = rich/wealthy[/quote]

I just wanted to put the three breakdowns next to each other. I can go with AN’s breakdown even if it puts very few folks in upper middle class (compared to the number in lower middle class.)

[UCGal]

[quote=bearishgurl]
Household incomes in SD County:

$00 to 45K = low income
$45K to 100K = lower MC income
$100K to 200K = MC income
$200K to 350K = upper MC income
wealth = non RE and non-retirement assets of $1.5M or more
[/quote]

[quote=UCGal]
That translates (approximately) to
lower class = low 60’s or less
lower middle = low 70’s or less
middle = 100k or less
upper middle = mid 130’s or less
upper class = above 130k.
[/quote]

[quote=AN]I see the break down a little differently.

bottom 40% (below $45k) = lower class
40-60% (45-70k) = lower middle class
60-90% (70-130k) = middle class
90-99% (130-???) = upper middle class
top 1% = rich/wealthy[/quote]

I just wanted to put the three breakdowns next to each other. I can go with AN’s breakdown even if it puts very few folks in upper middle class (compared to the number in lower middle class.)

[svelte]

Yeeeeee HA!

I’m RICH! RICH I tell ya!

So…how come I’m still takin’ what their givin’ cuz I’m workin’ for a livin’?

[svelte]

Yeeeeee HA!

I’m RICH! RICH I tell ya!

So…how come I’m still takin’ what their givin’ cuz I’m workin’ for a livin’?

[svelte]

Yeeeeee HA!

I’m RICH! RICH I tell ya!

So…how come I’m still takin’ what their givin’ cuz I’m workin’ for a livin’?

[svelte]

Yeeeeee HA!

I’m RICH! RICH I tell ya!

So…how come I’m still takin’ what their givin’ cuz I’m workin’ for a livin’?

[Author]

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