Stein Valuation, Inc.
Real Estate Appraisals & Consultation
Our appraisal experience spans the spectrum of property types and includes, apartment, office buildings, industrial buildings, R & D Buildings, mobile home parks, residential subdivisions, retail buildings and shopping centers, mixed portfolios, same-use portfolios, mixed use buildings, and a multitude of other property types. If you are a new visitor to our site, we invite you to explore these pages for more information on our services and the appraisal industry.
Following is a typical Appraisal Location description utilized by the Appraiser in analyzing the general area market trends.
Anaheim Area Description
According to the U.S. Census Bureau's official census in year 2000, Anaheim City had a total population of 327,357. Out of the total population, 237,298 residents were at least 16 years of age, of which 119,801 were females. There were 194,374 city residents aged 25 and above and 25,062 residents that were at least 65 years old.
Records on education show that in the year 2000, there were 97,371 students in the city, 46% of which were in elementary school, 22.3% were in college or universities, and 20.3% were in high school. About 69.3% of Anaheim City's population aged 25 and above were high school graduates but only 19.6% had a bachelor's degree or higher.
There were 99,592 housing units in the city, 2000 census results show. Out of the total number of housing units, 42,874 were single-detached units; 8,912 were single-attached; and 43,428 were multiple housing units. There were also 4,076 mobile homes. Most of the housing structures were built between 1940 and 1979. Only 24,640 housing units were built between 1980 and 1998. About 1,200 housing units were built between 1999 and March 2000.
There were roughly 97,000 occupied housing units in Anaheim City and at least 2,000 vacant housing units, based on year 2000 census results. About 350 of the vacant housing units were for sale and 1,700 were for rent.
Out of the 41,835 owner-occupied housing units, 34,881 had mortgage while 6,954 did not have mortgage. Around 21,960 owners had mortgage between $1,000 and $1,999. The median monthly owner cost was $1,563.
Out of the 48,313 renter-occupied units, only 1.0% had gross rent of less than $200; 30.2% had gross rent of $500 to $749; and 41.8% had gross rent of $750 to $999. The median gross rent was $818.
Around 10 of the vacant housing units were sold for less than $20,000, but most that were for sale had price tags between $150,000 and $399,999. None of the housing units were sold above $1,000,000. The median asking price was $219,700.
The vacant housing units for rent had varied prices. There were housing units for rent for less than $100, but the majority had rental fees of between $600 and $1,499. Few housing units were rented above $1,500. The median rental fee was $743, according to the year 2000 census.
Anaheim City had a total labor force of 152,422, based on the same year 2000 census results. Out of the 237,298 city residents that were at least 16 years old, 142,825 were employed and 9,430 were unemployed. About 66,365 females that were at least 16 years old belonged to the labor force. About 61,867 of them were employed.
The U.S. Census Bureau's year 2000 census results further show that 119,969 workers were hired by private companies; 13,799 worked for the government; and 8,607 were self-employed. Most of the city's working class had sales and office support positions or management, professional, and related occupations.
In terms of industry, most of the residents worked in the manufacturing and educational, health and social services industries.
Of the 142,825 employed workers in the city, 80,958 were males and 61,867 were females. Most of the males worked in the manufacturing industry while most of the females were in the educational, health, and social services industry. Median earnings for full-time, year-round male employees were $33,870, while median earnings for full-time, year-round female employees were $28,837 in year 1999.
Records of the U.S. Census Bureau also show that there were 96,902 households in 1999. Out of the total households, only 2.2% had income of at least $200,000; 2.6% had income of between $150,000 and $199,999; 9.8% had income of between $100,000 and $149,999; 11.9% had income of between $75,000 and $99,999; 20.9% had income of between $50,000 and $74,999; 17.5% had income of between $35,000 and $49,999; 13.2% had income of between $25,000 and $34,999; 11.2% had income of between $15,000 and $24,999; 4.9% had income of between $10,000 and $14,999; and 6.0% had income of less than $10,000. For the year 1999, the median income of Anaheim City households was $47,122 while mean earnings were $59,558.
Year 2000 census results show that there were 74,325 families in the city. The median family income was $49,969. Most of the families had income of between $35,000 and $74,999. About 7,739 families, or 45,615 individuals, were below the poverty level in 1999. Out of the total families below the poverty level, 6,715 had children under 18 years old and around 3,900 had children under 5 years old.
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Additional statistical data for the area is presented below: Please note: differences between the above and below values are related to differing sources, though the ranges are considered to be quite reliable.