Vallejo California Real Estate
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Vallejo, California Real Estate
Overview
Vallejo, California, a vibrant waterfront community located in Solano County, sits just 26 miles north of San Francisco. With a population of 116,760, Vallejo serves as an inviting gateway to the renowned Napa and Sonoma counties, home to the famous Napa Valley wine region. The city's lively atmosphere and cultural diversity make it a popular destination, drawing visitors to attractions like Six Flags Discovery Kingdom and its diverse array of unique restaurants.
Housing in Vallejo
Vallejo offers a strong local economy and affordable housing, making it an attractive place to live. Efforts to preserve historic homes have led to a renewed interest in the city's Victorian architecture. Vallejo's proximity to San Francisco and the East Bay also enhances its appeal, with a ferry terminal providing quick commutes.
The city boasts a diverse housing market with 39,560 residential properties, including new developments. The median construction year for homes is 1970, with average households consisting of 3.43 people. Housing options include:
- 6% one-bedroom homes
- 21% two-bedroom homes
- 44% three-bedroom homes
- 24% four-bedroom homes
- 4% five or more bedrooms
Mortgage and Financial Insights
In Vallejo, 82% of homes have a mortgage:
- 61% have a first mortgage only
- 21% have a combination of first and second mortgages or a home equity line of credit
Real Estate Taxes and Income
The median real estate tax in 2000 was $1,294 compared to the 1999 median family income of $56,805. Nationally, the median real estate tax was $1,300, with a median family income of $42,000.
Demographics and Local Information
Children under 18 make up 27.6% of Vallejo's population, with a total of 32,219 young residents. The median age is 34.9, and senior citizens constitute 11.2% of the population. Of the 50,230 working individuals, 89.54% drive to work, 4.99% use public transportation, including ferries, and 1.24% walk.
Crime Statistics (2003)
Vallejo experienced the following crime rates per 10,000 residents:
- Violent Crimes: 85.39
- Robberies: 29.03
- Aggravated Assaults: 52.24
- Property Crimes: 498.2
- Burglaries: 87.44
- Larceny-Thefts: 310.98
- Motor Vehicle Thefts: 99.78
Investing in Vallejo
Considering real estate in Vallejo involves understanding its strategic location near San Francisco and its diverse zip codes (94503, 94589, 94590, 94591, 94592) and area code (707). The demographic composition includes:
- White: 35.97%
- African-American: 23.69%
- Asian: 24.16%
- Hispanic (of any race): 15.92%
The median family income in 1999 was $56,805, with 9.92% of the population below the poverty level.
Investing in Vallejo real estate promises a blend of affordability, cultural richness, and proximity to major urban centers.
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