Stein Valuation, Inc.
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Following is a typical Appraisal Location description utilized by the Appraiser in analyzing the general area market trends.
Laguna Woods Area Description
The total population of Laguna Woods City based on the 2000 United States Census Bureau’s official results is said to be 16,252. There are 16,240 people out of the 16,252 total occupants who are at least 5 years old or above.
As per 2000 U.S. Census statistics, the Laguna Woods City schools are said to be populated with 569 total number of enrollees, that is from Preschool andNursery up to the College or Graduate school. There are believed to be 473 people or 83.1 % of the total school enrollments are under the College or Graduate school learning institutions. There are also some 84 individuals or 14.8 % who are then enrolled in High schools. For the Elementary (Grades 1-8) and Kindergarten, has 6 enrollees each, while it is a bit surprising not to have even just a single enrollee for the Nursery and preschool. However, there are already, in the year 2000, a number of 1,988 who attained the Graduate or Professional Degree. But the majority of these school enrollees, or approximately 5,129 heads or the 31.7 % of the overall are some college or no degree at all.
With the 16,252 residents of Laguna Woods City, there are 2,150 civilians who are aged 16 years and above and who are employed. These numbers of workers are further divided according to the kind of occupations they are more inclined to. Management, professional, and related occupations gathered 833 or 38.7 % of the total working populace. This is followed by the Head and office occupations with only a head behind the first one. Service occupations also has some 304 staffs; whilst Production, transportation, and material moving occupations has 115 staffs; Construction, extraction, and maintenance occupations has 66 workers; and lastly, the Farming, fishing, and forestry occupations really has none as of United States Census Bureau’s findings in their year 2000’s survey.
The five most populated industries in Laguna Woods City as of 2000 are Educational, health and social services which is considered the first in line with 454 workers; followed by Professional, scientific, management, administrative, and site management services with 400 people; then by Finance, insurance, real estate, and rental and leasing with 270 workers; Retail trade with 229; and Arts, entertainment, recreation, accommodation and food services with 187 employees. Agriculture, forestry, fishing and hunting, and mining posed as the least populated industry with a deafening zero employment.
Laguna Woods City’s per capita income is $ 32,071. The males who worked full-time year round on 2000 has median earnings of $ 56,563, while the full-time females who worked year round got median earnings of $ 35,188.
With the aforementioned number of workers in Laguna Woods City, there are 1,564 who fell under the worker classification as Private wage and salary workers; 327 under Self-employed workers in own not incorporated business; 249 under Government workers; and the last 10 as Unpaid family workers.
As mirrored on the U.S. Census Bureau results in year 2000, Laguna Woods City has a total of 11,482 households. Something like 2,549 of them has an income between $15,000 to $24,999; 1,806 earned between $35,000 to $49,999; 1,660 has more or less $25,000 to $34,999; 1,611 with around $50,000 to $74,999; and only 130 has $200,000 or more. Nonetheless, the median household income as of 1999 is 30,493.
Amongst the Laguna Woods City’s entire inhabitants, 3,877 are families. Roughly 805 or 20.8 % of these are earning about $35,000 to $49,999; 778 or 20.1 % has more or less $50,000 to $74,999; and only 60 or 1.5 % produced $200,000 or more. Sad as it may sound, 99 families, 16 Families with female householder, no husband present, and 966 Individuals are considered as below poverty line. Nevertheless the median family income amounted to $46,889.
Laguna Woods City’s residents are given the chance to occupy a total of 12,657 housing units; 675 of which are single unit detached; 3,726 single unit attached; 2,075 20 or more units and 15 mobile homes. However, only 11,698 units out of this figure are totally inhabited. Of these occupied housing units, There are 3,452 units which are specified as owner-occupied, and 1,951 are specified renter-occupied units. Some 113 units are vacant-for-sale; and another 101 are vacant-for-rent housing units as of 2000.
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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.