[ocrenter]

another interesting phenomonon as I play with the maps.

If I change the map to Asians, all of the sudden I would see an island of highly concentrated Asians at 40-50%, turns out of course it is a census tract covering a major university.

Unfortunately when I change the map to Blacks, all of the sudden I would see an island of highly concentrated population, which unfortunately is a census tract for a major incarceration facility.

[ocrenter]

another interesting phenomonon as I play with the maps.

If I change the map to Asians, all of the sudden I would see an island of highly concentrated Asians at 40-50%, turns out of course it is a census tract covering a major university.

Unfortunately when I change the map to Blacks, all of the sudden I would see an island of highly concentrated population, which unfortunately is a census tract for a major incarceration facility.

[ocrenter]

[quote=enron_by_the_sea]Of course the above is only looking at income. There could be few more tracts with high net wealth but smaller current income.

However, as far as I can think high income and high wealth are usually well correlated, so I wouldn’t expect a lot of them.[/quote]

certainly. I think that’s the real reason why the couple of CV tracts actually surpassed RSF Covenant as well as Fairbank Ranch.

It may be safe to use this info to figure out where “new money” is as opposed to “old money.” This also helps figure out which “newer” neighborhoods will have a better chance of becoming established well-to-do high end neighborhoods.

I saw this with Newport Beach as well, the older parts of Newport has less of the “over 200k” folks compared to the newer Newport Coast.

[ocrenter]

[quote=enron_by_the_sea]Of course the above is only looking at income. There could be few more tracts with high net wealth but smaller current income.

However, as far as I can think high income and high wealth are usually well correlated, so I wouldn’t expect a lot of them.[/quote]

certainly. I think that’s the real reason why the couple of CV tracts actually surpassed RSF Covenant as well as Fairbank Ranch.

It may be safe to use this info to figure out where “new money” is as opposed to “old money.” This also helps figure out which “newer” neighborhoods will have a better chance of becoming established well-to-do high end neighborhoods.

I saw this with Newport Beach as well, the older parts of Newport has less of the “over 200k” folks compared to the newer Newport Coast.

[ocrenter]

[quote=enron_by_the_sea]Of course the above is only looking at income. There could be few more tracts with high net wealth but smaller current income.

However, as far as I can think high income and high wealth are usually well correlated, so I wouldn’t expect a lot of them.[/quote]

certainly. I think that’s the real reason why the couple of CV tracts actually surpassed RSF Covenant as well as Fairbank Ranch.

It may be safe to use this info to figure out where “new money” is as opposed to “old money.” This also helps figure out which “newer” neighborhoods will have a better chance of becoming established well-to-do high end neighborhoods.

I saw this with Newport Beach as well, the older parts of Newport has less of the “over 200k” folks compared to the newer Newport Coast.

[ocrenter]

[quote=enron_by_the_sea]Of course the above is only looking at income. There could be few more tracts with high net wealth but smaller current income.

However, as far as I can think high income and high wealth are usually well correlated, so I wouldn’t expect a lot of them.[/quote]

certainly. I think that’s the real reason why the couple of CV tracts actually surpassed RSF Covenant as well as Fairbank Ranch.

It may be safe to use this info to figure out where “new money” is as opposed to “old money.” This also helps figure out which “newer” neighborhoods will have a better chance of becoming established well-to-do high end neighborhoods.

I saw this with Newport Beach as well, the older parts of Newport has less of the “over 200k” folks compared to the newer Newport Coast.

[ocrenter]

[quote=enron_by_the_sea]Of course the above is only looking at income. There could be few more tracts with high net wealth but smaller current income.

However, as far as I can think high income and high wealth are usually well correlated, so I wouldn’t expect a lot of them.[/quote]

certainly. I think that’s the real reason why the couple of CV tracts actually surpassed RSF Covenant as well as Fairbank Ranch.

It may be safe to use this info to figure out where “new money” is as opposed to “old money.” This also helps figure out which “newer” neighborhoods will have a better chance of becoming established well-to-do high end neighborhoods.

I saw this with Newport Beach as well, the older parts of Newport has less of the “over 200k” folks compared to the newer Newport Coast.

[ocrenter]

Here’s all of the SD census tracts with over 40% of household making over $200k:

–Carmel Valley (Rancho Pacifica) at 50%
–Carmel Valley (Cantamar/Sonoma) at 50%
–La Jolla 8303 at 46%
–RSF Covenant at 45%
–Scripps (South of Pomerado/Stonebridge) at 41%

Looks like the northern part of Carmel Valley has really pushed itself up into the big league, even eclipsing RSF and La Jolla!

For reference and general interest, Kobe Bryan’s Newport Coast is at 52% over $200k, there are 3 tracts on Palos Verdes Peninsula between 45%-52%, and of course most of Beverly Hills/BH adjacent tracts are within 40-51%.

[ocrenter]

Here’s all of the SD census tracts with over 40% of household making over $200k:

–Carmel Valley (Rancho Pacifica) at 50%
–Carmel Valley (Cantamar/Sonoma) at 50%
–La Jolla 8303 at 46%
–RSF Covenant at 45%
–Scripps (South of Pomerado/Stonebridge) at 41%

Looks like the northern part of Carmel Valley has really pushed itself up into the big league, even eclipsing RSF and La Jolla!

For reference and general interest, Kobe Bryan’s Newport Coast is at 52% over $200k, there are 3 tracts on Palos Verdes Peninsula between 45%-52%, and of course most of Beverly Hills/BH adjacent tracts are within 40-51%.

[ocrenter]

Here’s all of the SD census tracts with over 40% of household making over $200k:

–Carmel Valley (Rancho Pacifica) at 50%
–Carmel Valley (Cantamar/Sonoma) at 50%
–La Jolla 8303 at 46%
–RSF Covenant at 45%
–Scripps (South of Pomerado/Stonebridge) at 41%

Looks like the northern part of Carmel Valley has really pushed itself up into the big league, even eclipsing RSF and La Jolla!

For reference and general interest, Kobe Bryan’s Newport Coast is at 52% over $200k, there are 3 tracts on Palos Verdes Peninsula between 45%-52%, and of course most of Beverly Hills/BH adjacent tracts are within 40-51%.

[ocrenter]

Here’s all of the SD census tracts with over 40% of household making over $200k:

–Carmel Valley (Rancho Pacifica) at 50%
–Carmel Valley (Cantamar/Sonoma) at 50%
–La Jolla 8303 at 46%
–RSF Covenant at 45%
–Scripps (South of Pomerado/Stonebridge) at 41%

Looks like the northern part of Carmel Valley has really pushed itself up into the big league, even eclipsing RSF and La Jolla!

For reference and general interest, Kobe Bryan’s Newport Coast is at 52% over $200k, there are 3 tracts on Palos Verdes Peninsula between 45%-52%, and of course most of Beverly Hills/BH adjacent tracts are within 40-51%.

[ocrenter]

Here’s all of the SD census tracts with over 40% of household making over $200k:

–Carmel Valley (Rancho Pacifica) at 50%
–Carmel Valley (Cantamar/Sonoma) at 50%
–La Jolla 8303 at 46%
–RSF Covenant at 45%
–Scripps (South of Pomerado/Stonebridge) at 41%

Looks like the northern part of Carmel Valley has really pushed itself up into the big league, even eclipsing RSF and La Jolla!

For reference and general interest, Kobe Bryan’s Newport Coast is at 52% over $200k, there are 3 tracts on Palos Verdes Peninsula between 45%-52%, and of course most of Beverly Hills/BH adjacent tracts are within 40-51%.

[ocrenter]

[quote=enron_by_the_sea]This is actually very interesting data. Thanks

For example, I noticed that median household income in some areas popular with Pigg homefinders is much higher than what I was thinking.

Carmel Vally tract 8333 – $126676
Carmel valley tract 8328 -$194063
Sorrento Valley tract 8346 -$135313
NW Mira Mesa tract 8347 – $98600
Scripps Ranch tract 17046 -$132941
Scripps Ranch tract 9504 – $146705

I can go on and on. But seems like these areas may not be filled with overextended homeowners as some are alleging.[/quote]

Thank you Brian for the link, very nice data!

interestingly, Carmel Valley actually has 2 census tracts that are in the 190k to 200k range, beating out even RSF/LJ. The Covenant RSF comes in at 170k.

meanwhile, Fairbanks Ranch, Santaluz, north Poway as well as newer parts of Scripps (South of Pomerado/Stonebridge) form the next tier at 140-150k.

4S/Del Sur are actually very comparible with the newer part of Carmel Valley south of the 56 or the east part of Carmel Valley in the low 100k range.

[ocrenter]

[quote=enron_by_the_sea]This is actually very interesting data. Thanks

For example, I noticed that median household income in some areas popular with Pigg homefinders is much higher than what I was thinking.

Carmel Vally tract 8333 – $126676
Carmel valley tract 8328 -$194063
Sorrento Valley tract 8346 -$135313
NW Mira Mesa tract 8347 – $98600
Scripps Ranch tract 17046 -$132941
Scripps Ranch tract 9504 – $146705

I can go on and on. But seems like these areas may not be filled with overextended homeowners as some are alleging.[/quote]

Thank you Brian for the link, very nice data!

interestingly, Carmel Valley actually has 2 census tracts that are in the 190k to 200k range, beating out even RSF/LJ. The Covenant RSF comes in at 170k.

meanwhile, Fairbanks Ranch, Santaluz, north Poway as well as newer parts of Scripps (South of Pomerado/Stonebridge) form the next tier at 140-150k.

4S/Del Sur are actually very comparible with the newer part of Carmel Valley south of the 56 or the east part of Carmel Valley in the low 100k range.

[ocrenter]

[quote=enron_by_the_sea]This is actually very interesting data. Thanks

For example, I noticed that median household income in some areas popular with Pigg homefinders is much higher than what I was thinking.

Carmel Vally tract 8333 – $126676
Carmel valley tract 8328 -$194063
Sorrento Valley tract 8346 -$135313
NW Mira Mesa tract 8347 – $98600
Scripps Ranch tract 17046 -$132941
Scripps Ranch tract 9504 – $146705

I can go on and on. But seems like these areas may not be filled with overextended homeowners as some are alleging.[/quote]

Thank you Brian for the link, very nice data!

interestingly, Carmel Valley actually has 2 census tracts that are in the 190k to 200k range, beating out even RSF/LJ. The Covenant RSF comes in at 170k.

meanwhile, Fairbanks Ranch, Santaluz, north Poway as well as newer parts of Scripps (South of Pomerado/Stonebridge) form the next tier at 140-150k.

4S/Del Sur are actually very comparible with the newer part of Carmel Valley south of the 56 or the east part of Carmel Valley in the low 100k range.

[Author]

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