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Huntington Beach Introduction
Located on the Southern California coast, the City of Huntington Beach is located 45 minutes south of Los Angeles, and an hour and forty minutes northwest of San Diego. "Surf City" as Huntington Beach is called, has a population slightly under 190,000 people according to 2005 Census Bureau estimates. This is essentially unchanged from the 2000 census. Huntington Beach is the third largest city in Orange County and the 16th largest in California (according to the Huntington Beach web site).
Huntington Beach Neighborhoods
As one would expect, the more expensive real estate in Huntington Beach is on the coast. This is especially true of central Huntington Beach (zip code 92648), and the northwest part of Huntington Beach (zip code 92649). As one moves inland in the northeast (zip code 92647) prices start to mitigate somewhat, and the southern portion (zip code 92646) near Costa Mesa and Newport Beach has some of the more affordable Huntington Beach real estate.
Huntington Beach Real Estate
According to the U.S. Census Bureau, as of 2005 there were an estimated 73,665 housing units located in Huntington Beach. Of these, 61.4% were owner occupied, which was slightly below the national average (66.9%).
Nearly two thirds (68.8%) of Huntington Beach's housing was built in the 1960s and '70s. Very little (7.6%) was built prior to that, and less than a quarter (23.6%) has been built since. The prototypical Huntington Beach Home has 4 to 7 rooms with 2 to 3 bedrooms. Only 14.6% have more rooms, and 28.9% have 4 or more bedrooms.
Housing in Huntington Beach is over 4 times more expensive than the national average. In 2005, the median price of an owner occupied home in Huntington Beach was $711,000 while the national average was $167,500. Huntington Beach real estate has more than doubled in value since 2000 when the median price of a Huntington Beach home was $311,800.
As of 2005, Huntington Beach home owners had median housing costs of $2,363 per month. 71.1% of the owner occupied homes in Huntington Beach had a mortgage in 2005. In addition, 35.3% of these also had one or more second mortgages.
Huntington Beach Property Taxes
The Orange County Treasurer-Tax Collector's Office is responsible for collecting taxes on all secured and unsecured property in Orange County, California. The Orange County Property Appraiser (OCPA) is responsible for identifying, locating, and fairly valuing all real and personal property within Orange county for tax purposes. As of 2005, the median property tax bill for an owner occupied home in Huntington Beach was $3,313.
Huntington Beach Schools
Huntington Beach is served by several school districts, including the Huntington Beach City School District, the Huntington Beach Union High School District, and the Ocean View School District. Combined, these school districts have nearly 30 schools that serve the City of Huntington Beach. 5 of the schools serving Huntington Beach have earned the National Blue Ribbon from the U.S. Department of Education. In addition, since 2000 18 of the schools serving Huntington Beach have earned "Distinguished School Awards" from the California School Recognition Program (13 elementary schools, 4 middle schools and 1 high school).
Huntington Beach is also home to Golden West College, which offers two-year degrees.
Huntington Beach Economy
The two main drivers of the Huntington Beach economy are oil and tourism. The largest employers in Huntington Beach are: The Boeing Company, Quiksilver, Cambro Manufacturing, Dynamic Cooking Systems, and C & D Aerospace. According to 2005 US Census Bureau data, the median family income in Huntington Beach was $85,984, which is well above the national average at that time ($55,832). That represents the highest personal income among the 100 largest cities in the United States.
Huntington Beach and California Mortgage and/or Real Estate Organizations
| Category | Value |
|---|---|
| Homes With No Mortgage | 17% |
| With A Mortgage | 83% |
| First Mortgage Only | 61% |
| Second Mortgage or Home Equity Loan | 22% |
| Second Mortgage Only | 12% |
| Home Equity Loan Only | 10% |
| Category | Value |
|---|---|
| Owner Costs as % of Income | 22.2% |
| Median Real Estate Taxes (2000) | $2,132 |
| Category | Value |
|---|---|
| Total Occupied | 73,808 |
| 1-Person Households | 24% |
| 2-Person Households | 36% |
| 3-Person Households | 17% |
| 4-Person Households | 14% |
| 5-Person Households | 6% |
| 6-Person Households | 2% |
| 7+-Person Households | 2% |
| Category | Value |
|---|---|
| Median Year Built | 1972 |
| Median Year Built (Owner Occupied) | 1971 |
| Median Year Built (Renter Occupied) | 1973 |
| Category | Value |
|---|---|
| Using Utility Co. Gas Heat | 90% |
| Using Bottled/Tank Gas Heat | 1% |
| Using Electric Heat | 9% |
| Using Oil Heat | 0% |
| Using Coal | 0% |
| Using Wood Heating | 0% |
| Using Solar Heat | 0% |
| Other Heating | 0% |
| No Heating | 0% |
| Category | Value |
|---|---|
| No Bedrooms | 0% |
| 1 Bedroom | 4% |
| 2 Bedrooms | 19% |
| 3 Bedrooms | 36% |
| 4 Bedrooms | 33% |
| 5+ Bedrooms | 7% |
Rate quotes from multiple lenders for the Huntington Beach area:
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