Fremont California Real Estate
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Fremont, California Real Estate Overview
Summary
Fremont, located in Alameda County, California, is just 17 miles northwest of San Jose. With a population of 203,413, it is the fourth largest city in the San Francisco Bay Area, yet it maintains a friendly, small-town atmosphere.Fremont: A Desirable Location
Fremont's close proximity to Silicon Valley and its location in the East Bay make it a highly sought-after place to live. Residents enjoy outdoor activities, such as sailing on Lake Elizabeth, and benefit from a vibrant local community. The city is home to Ohlone College and boasts a well-regarded school district, serving its diverse population.Housing in Fremont
The city offers a diverse range of housing options with a total of 68,237 residential properties. The median construction year for homes is 1975, and the average household consists of 3.34 people. Housing distribution includes:- 3% one-bedroom homes
- 14% two-bedroom homes
- 42% three-bedroom homes
- 33% four-bedroom homes
- 6% five or more-bedroom homes
Mortgage and Tax Information
- 14% of homes are mortgage-free.- 86% have mortgages, with 65% having a first mortgage only, and 21% having either a second mortgage or a home equity line of credit.
In 2000, the median real estate tax was $2,412, against a median family income of $82,199 in 1999. This contrasts with the national median real estate tax of $1,300 and family income of $42,000.
Demographics and Education
Children make up 25.8% of Fremont’s population, with 52,452 residents under 18. The city has 11,600 one-person households, 20,471 two-person households, and 13,647 three-person households. The median age is 34.5 years, with 8.3% being senior citizens.Employment is strong, with 100,215 workers, 89.8% of whom drive to work, while 5.01% use public transportation. Fremont’s eight major business districts, including the Ardenwood and Niles districts, host both tech firms and charming local businesses.
Crime and Safety
In 2003, Fremont recorded the following crime rates per 10,000 residents:- Violent crimes: 21.29
- Robberies: 6.88
- Aggravated assaults: 12.63
- Property crimes: 279.87
- Burglaries: 52.06
- Larceny-thefts: 190.55
- Motor vehicle thefts: 37.26
Investing in Fremont
When considering real estate in Fremont, it’s important to note:- Close to San Jose
- Zip codes: 94536, 94538, 94539, 94555
- Area code: 510
- Diverse racial composition
- Median family income of $82,199 in 1999
- 5.37% below the poverty level
Fremont offers a unique blend of suburban living with urban amenities, making it an attractive choice for potential homeowners and investors alike.
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