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Oxnard Introduction
Oxnard is located in Ventura County on the Southern California coast. It is slightly over an hour northwest of Los Angeles. Oxnard is the most populous city in Ventura County. As of 2005, the population of Oxnard was nearly 179,000 people. This was up about 5% from the 2000 census.
Oxnard Neighborhoods
Oxnard is divided into seven districts - the Central District/Downtown Oxnard, the Del Norte District, the Northeast District, the Northwest District, the Southcentral District, the Southeast District, and the Southwest District. Some notable neighborhoods include River Park (Formerly Town Center) in the Del Norte District, Fremont North which has housing prices comparable to Oxnard in general and a strong neighborhood council, and the isolated beach community Silverstrand Beach.
Oxnard Real Estate
As of 2005, Oxnard had 96,269 housing units. 60.1% of these were owner occupied, which is below the average for the United States. Most of the remainder are renter occupied, with 5.8% vacant.
Nearly half (48%) of Oxnard's housing was built in the 1960s and 70s. 25.3% was built prior to that, and 26.6% has been built since. Nearly a tenth (9.3%) has been built from 2000 on. Oxnard homes most commonly consist of 4 to 7 rooms and 2 to 3 bedrooms. Slightly over a tenth have more rooms, and slightly under a third have 4 or more bedrooms. The majority of these homes are heated by utility gas, with most of the remainder being heated by electricity.
The median value of an Oxnard home in 2005 was $529,900, nearly 3.2 times the national average. Oxnard homes have appreciated significantly in value from the 2000 census when the median value was $189,400.
Recent home prices for Oxnard range from an average selling price (ASP) of approximately $344,000 for a single bedroom, to approximately $765,000 for four bedrooms (as of 3/2007). The ASP for Oxnard as a whole was approximately $659,000 at that same time.
According to the US Census Bureau, the median monthly owner costs for a mortgaged house in Oxnard in 2005 were at $1,851. 79.5% of Oxnard owner occupied homes had a mortgage in 2005. A fifth of these also had a second mortgage (a second mortgage and/or a home equity line of credit).
Oxnard Property Taxes
The County of Ventura Treasurer / Tax Collector is responsible for collecting property taxes in Oxnard. The Ventura County Assessor's Office provides property assessments and assessment information. The median property tax bill for an Oxnard owner occupied home was $2,349 in 2005.
Oxnard Schools
The majority of Oxnard students are served by the Oxnard School District and the Oxnard Union High School District. The Oxnard School District has 20 schools that serve elementary and middle school students. The Oxnard School District operates six high schools and an adult education program. Two Oxnard schools have been recognized as Blue Ribbon Schools of Excellence by the United States Department of Education (USDOE).
Oxnard is also home to Oxnard College, which is part of the Ventura County Community College District and the California Community College system.
Oxnard Economy
The main drivers of the Oxnard economy are agriculture, defense, international trade, manufacturing, and tourism. Oxnard is located at the western end of the Oxnard Plain, which is one of the world's most important agricultural centers. Port Hueneme, located in Oxnard, is the busiest commercial port between Los Angeles and San Francisco. Two large navy bases are also located in Oxnard - Port Hueneme and Point Mugu.
Companies headquartered in Oxnard include: Boss Audio, Drum Workshop, Haas Automation, Raypak, Seminis, and Vivitar.
According to 2005 US Census estimates, the median family income in Oxnard was $50,922, below the 2005 national average of $55,832.
Oxnard and California Mortgage and/or Real Estate Organizations
| Category | Value |
|---|---|
| Homes With No Mortgage | 18% |
| With A Mortgage | 82% |
| First Mortgage Only | 64% |
| Second Mortgage or Home Equity Loan | 18% |
| Second Mortgage Only | 12% |
| Home Equity Loan Only | 6% |
| Category | Value |
|---|---|
| Owner Costs as % of Income | 22.9% |
| Median Real Estate Taxes (2000) | $1,465 |
| Category | Value |
|---|---|
| Total Occupied | 43,630 |
| 1-Person Households | 14% |
| 2-Person Households | 23% |
| 3-Person Households | 15% |
| 4-Person Households | 16% |
| 5-Person Households | 12% |
| 6-Person Households | 8% |
| 7+-Person Households | 13% |
| Category | Value |
|---|---|
| Median Year Built | 1971 |
| Median Year Built (Owner Occupied) | 1972 |
| Median Year Built (Renter Occupied) | 1970 |
| Category | Value |
|---|---|
| Using Utility Co. Gas Heat | 90% |
| Using Bottled/Tank Gas Heat | 1% |
| Using Electric Heat | 7% |
| Using Oil Heat | 0% |
| Using Coal | 0% |
| Using Wood Heating | 1% |
| Using Solar Heat | 0% |
| Other Heating | 0% |
| No Heating | 2% |
| Category | Value |
|---|---|
| No Bedrooms | 4% |
| 1 Bedroom | 8% |
| 2 Bedrooms | 21% |
| 3 Bedrooms | 39% |
| 4 Bedrooms | 25% |
| 5+ Bedrooms | 4% |
Rate quotes from multiple lenders for the Oxnard area:
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