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.
Laguna Niguel Area Description
The United States Census Bureau results in the year 2000 point out that Laguna Niguel City of California has 61,963 dwellers. Out of these number, 51,094 or 82.5 % are Natives while the remaining 10,869 or 17.5 % of the total population comprise the foreigners sector. Some 57,382 out of the 61,963 residents in this city is aged between 5 years and beyond.
Concerning the Education sector, the U.S. Census Bureau indicate that Elementary (Grades 1-8) is the most populated in Laguna Niguel City with 7,941 total headcount or 44.8 % of the overall enrollment which is 17,707. Nursery school, preschool is populated with 1,458 (8.2) of students; Kindergarten has 935 enrollees; High school has 3,017; and College or graduate school has 4,356 or 24.6 % of the total enrollees population. Anyhow, 6,867 individuals are pursuing Graduate or professional degree; 13,179 with Bachelor's degree; 4,013 are attaining Associate degree; 10,560 have gone to college, no degree; 5,257 are High school graduates (includes equivalency); 1,438 have made it only until 9th to 12th grade, no diploma; and 584 is only up to less than 9th grade.
Laguna Niguel City folks who are 16 years and above sum up to 46,796 wherein 33,053 or 70.6 % is in labor force and 13,743 or 29.4 is not in labor force. There are also 15,030 females aged 16 years and above who joined onto the work world. Roughly, there are 1,209 or 2.6 5% individuals who is unemployed as per 2000 U.S. Census Bureau findings.
It is further reflected in the United States Census Bureau summary file in the year 2000 that Management, professional, and related occupations is the most favored occupation getting 16,015 or 50.3 % of the employed civilian population aged 16 years and over. Next in line is Sales and office occupations with 31.9 % or 10,153 staffs; this is followed by Service occupations with 9.1 % or 2,889 employees; then Production, transportation, and material moving occupations with 5.1 % or 1,633 workers; Construction, extraction, and maintenance occupations with 3.5 % or 1,124; and Farming, fishing, and forestry occupations with a deafening zero employment. Moreover, there is 31,391 of these employees who needed to commute for work while some 249 just walk to their workplace.
Educational, health and social services is considered the largest industry in Laguna Niguel City of California with 5,429 manpower; followed next is Professional, scientific, management, administrative, and iste management services with 4,696 people; then Manufacturing with 4,162 personnel; Finance, insurance, real estate, and rental and leasing with 3,980 workforce; Retail trade with 3,728 human resources; and Agriculture, forestry, fishing and hunting, and mining with only 37 workers. These employees is further sub-divided to different classifications. Some 78.7 % or 25,041 employed individuals is classified as Private wage and salary workers; another 10.9 % or 3,474 workers is under Self-employed workers in own not incorporated business; the next 9.9 % or 3,158 people is Government workers; and the last 0.4 % or 141 is considered Unpaid family workers.
As of 1999, the city’s per capita income is $ 39,167. Some $ 68,640 is the median earnings of the males who worked full-time all year round while the female full-time employees who worked all year round got $ 40,487 as their median earnings.
Laguna Niguel City, California has a total of 23,230 households whose median income is $ 80,733 based on the U.S. Census Bureau results way back 1999. There is at least 2,353 or 10.1 % of the entire households that earn $200,000 or more. Some 18.8 % or 4,378 has an income of more or less $50,000 to $74,999; another 2,674 or 11.5 % of the total households earn more or less $35,000 to $49,999. However, the highest percentage of the total households which is 20 % or roughly 4,640 has an income of about $100,000 to $149,999. As per census in 1999, approximately $ 80,733 is noted down as the households’ median income.
There are 16,847 families recognized in Laguna Niguel City, California according to the U.S. Census Bureau of 2000. Most of these families or considerably 3,927 of them earn about $100,000 to $149,999; another 3,048 or 18.1 % of the family population has an income of more or less $50,000 to $74,999; the next 15.2 % or 2,568 has around $75,000 to $99,999; and 2,039 or 12.1 % produced $200,000 or more. But still, there are some 332 families or 2 % who has less than $10,000. Nonetheless, the median family income amounted to $93,613.
The U.S. Census results in the year 2000 identified 469 families under poverty level as of 1999. Out of these 469 families, 294 has related children who are below 18 years old and 153 who has related children below 5 years of age. There are also 180 families with female householder, no husband present which is regarded as below poverty level. Another cluster of 2,503 individuals is deemed below poverty level still.
Total housing units in Laguna Niguel City as of 2000 tallied to 23,893; 13,172 of which is single unit detached; 5,009 is single unit attached; and 1,637 is 2 or more units. It is sometime in 1980 to 1989 when most houses is built. Out of these housing units, 23,223 is occupied. There is 15,874 specified owner-occupied units, 14,090 of has a mortgage while 1,784 is not mortgaged. Some 7,619 units has a mortgage of $2,000 or more while there is only 11 units which is mortgaged at less than $300. Some 5,775 out of the 23,893 total housing units is renter-occupied. Most of those are rented at $1,000 to $1,499 while there are only 19 units with less than $200 rentals.
As per housing unit vacancies, there is 65 housing units which are specified as vacant-for-sale-only and 241 which is specified vacant-for-rent housing units only. Most of the housing units for sale cost $300,000 to $399,999 while the cheapest with $150,000 to $174,999 price tags is only 12 units. For those units which is only for renting, most of the units has a price tag of $1,000 to $1,499 and there is none which would possibly cost below $750 to $799.
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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.