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Vallejo California Real Estate



V


allejo, California, is          work. The city’s Ferry Terminal   
located in Napa County, 26      and ferry service whisk off       
miles N of San Francisco,       commuters to San Francisco and    
California. Vallejo has a             the East Bay.                     
population of 116,760 and serves                                        
as a gateway to the beautiful         Vallejo properties pool is 39,560 
Napa and Sonoma counties—the          residential properties including  
famed California Napa Valley wine     Vallejo new homes. The median age 
country. Vallejo is an active         of real estate in Vallejo is      
waterfront community making it a      1970, with the average household  
popular destination. Many come to     size is 3.43 people. 6% are one   
visit Six Flags Marine World as       bedroom homes, 21% are 2 bedroom  
well as to sample the city’s          homes, 44% are 3 bedroom homes,   
unique restaurants that reflect       24% are 4 bedroom homes, and 4%   
its resident’s cultural               are 5+ bedroom homes.             
diversity.                                                              
                                      Vallejo Mortgage Statistics       
Vallejo Homes                                                           
                                      Homes With No Mortgage 18%        
With a strong local economy and       Homes With Mortgage 82%           
affordable housing, Vallejo has       First Mortgage Only 61%           
become a popular place to live.       First & Second Mortgage or HELOC  
Civic improvements have provided      21%                               
renewed interest in historic home                                       
preservation, so countless            Vallejo Area Real Estate Tax      
Victorians abound.                                                      
                                      Vallejo Real estate Tax: Median   
Vallejo’s proximity to San            Real Estate Taxes (2000) were     
Francisco and the East Bay make       $1,294 comparing to 1999 Median   
it a place in which to live and       Family income $ 56,805. Compare   



to USA median yearly Real Estate      estimated 1.24% walk to work.     
Tax $1,300 and USA median Family                                        
Income $42,000 (1999).                Median Vallejo homeowner's        
                                      housing expenses are 22.6%        
Vallejo School District: Children                                       
make up 27.6% of Vallejo              Crime in Vallejo (2003), crimes   
population. Vallejo has 32,219        per 10,000 residents per year     
under 18 years old residents, or      Violent Crimes 85.39              
0.64 kids per one worker, or 0.81     Robberies 29.03                   
kids per one household.               Aggravated Assaults 52.24         
                                      Property Crimes 498.2             
Vallejo Real Estate & Vallejo         Burglaries 87.44                  
Homeownership                         Larceny-Thefts 310.98             
                                      Motor Vehicle Thefts 99.78        
There are 9098.8 or 23% one                                             
person households, 11076.8 or 28%     Invest in Vallejo Properties      
two person households, and 6725.2                                       
or 17% three person households in     When making a decision about      
Vallejo, California. Median           buying real estate in Vallejo     
residents age is 34.9, Senior         California area, you should       
citizens (65+) make up 13,115 or      consider following statistical    
11.2%% of Vallejo population.         data:                             
                                      Near Medium City                  
There are 50,230 workers (over 16     Near Large City San Francisco,    
years of age) in Vallejo. Of          California                        
these, 89.54% drive to work.          Vallejo Zip Codes 94503, 94589,   
Approximately 4.99% of workers in     94590, 94591, 94592               
Vallejo take public                   Vallejo Area Codes 707            
transportation, including a ferry     White population 35.97%           
service to outlying cities. An        African-American population       



23.69%                                56,805%                           
Asian 24.16%                          Population Below Poverty Level    
American Indian & Alaskan             9.92%                             
Hispanic (of any race) 15.92%         

                              
Median Family Income (1999) $         






About the Author:

Jennifer Hershey has more than twenty years of experience in the Mortgage Industry as a loan officer. She is the owner of http://www.explainingmortgages.com/, a real estate and mortgage resource site devoted to making mortgage terms and products easy to understand.

Source: www.isnare.com


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