Area Insights of 92116, San Diego, CA

Stay ahead with market trends and local insights that matter.

Demand Insights

The market shows moderate activity with a price ratio of 3%, reflecting steady buyer interest. A total of 249 homes were sold with 44 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

92116, San Diego, CA

Date

03-16-2022

Price Ratio

100%

Schools

Choosing the right school is crucial for your child's education. Compare ratings, distance, and academic offerings across elementary, middle and high schools to make a well-informed decision.

Elementary School

St Didacus School

PK to 8

Middle School

No schools available

High School

No schools available

Climate

Weather plays a crucial role in real estate decisions. Consider environmental factors like flood risks, wildfire hazards, extreme heat, and other climate conditions for a well-informed choice.

Weather Indices
Scaled to National average of 100 for each category.
Temperature

Demographics

Stay ahead with insights on population dynamics, income levels and employment patterns. These data points are key indicators of demand and future growth.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population decrease of 0% since 2010, reflecting rising demand for housing and local amenities. This trend highlights the area's potential for continued development and long-term residential appeal.

Population (30,982)
15,506 Male
15,476 Female
Education
12% High School
9% Associate
35% Bachelor
22% Graduate
Age

Average Age is 37 Years

Household Details

The area's household landscape is diverse, with 36% owner-occupied homes and 64% renter-occupied properties. Family households represent 39% of the population, indicating a strong community focus on family living. The average home value stands at $1,015,693, which suggests ample demand for multi-bedroom properties.

Total Households
16,134
Average home value
$1,015,693
Owned
36%
Rented
64%
Vacant
5%
Families
39%
Married
30%
With children
13%

Racial Diversity

The area's community showcases a dynamic blend of cultures, contributing to a rich and inclusive environment. Demographic data highlights a diverse composition, with 7% Asian, 6% Black, and 1% Native residents, alongside 58% White and 28% Hispanic/Other populations. This multicultural landscape offers residents a vibrant and culturally enriched living experience.

Income

The area reflects a well-distributed income pattern with approximately 41% of households earning over $100,000 annually, while 34% fall within the $50,000 to $100,000 range. The median income stands at $75,000, signalling a financially stable community with growth potential.

Employment

The area has a diverse workforce with employment spanning across sectors like technology, healthcare, education, and retail. Below is the percentage of residents employed across various industries, highlighting the region's balanced and dynamic economic landscape.

% of People are working in various industries.

Arts
3%
Healthcare
15%
Professional
18%
Education
9%
Services
24%
Labor
14%
Retail
10%
Other
8%