San Jose, California, is located in Santa Clara County and is in the heart of Silicon Valley. With a population of 894,943, San Jose is a vibrant, thriving metropolitan community. Culture, arts, and technology dominate here as evidenced by the innovative Tech Museum, the San Jose Museum of Art, and the Children's Museum. Additionally, a campus of the California State University calls San Jose home. The newly developed Santana Row, a pedestrian arcade of upscale restaurants and designer shops combined with luxury apartments reflect the city's trend-setting and upwardly mobile lifestyles.

San Jose Homes

San Jose properties pool is 276,417 residential properties including San Jose new homes. The median age of real estate in San Jose is 1972. The average household size is 3.62 people. 5% are one bedroom homes, 20% are 2 bedroom homes, 37% are 3 bedroom homes, 30% are 4 bedroom homes, and 6% are 5+ bedroom homes. Architectural styles of home vary in San Jose. Victorians, craftsman bungalows, and condominiums abound in this historic and contemporary city.

San Jose Mortgage Statistics

Homes With No Mortgage 17%
Homes With Mortgage 83%
First Mortgage Only 61%
First & Second Mortgage or HELOC 22%

San Jose Area Real Estate Tax

San Jose Real estate Tax: Median Real Estate Taxes (2000) were $2,423 compared to 1999 Median Family income $ 74,813. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

San Jose School District: Children make up 26.4% of San Jose population. San Jose has 236,124 under 18 years old residents, or 0.55 kids per one worker, or 0.85 kids per one household.

San Jose Real Estate & San Jose Homeownership

There are 49755.06 or 18% one person households, 77396.76 or 28% two person households, and 46990.89 or 17% three person households in San Jose, California. The median residents' age is 32.6. Senior citizens (65+) make up 73,860 or 8.3%% of San Jose population.

There are 427,984 workers (over 16 years of age) in San Jose working in all sectors of industries. The technology field, however, dominate. While public transport is available, 90.45% of workers drive to their place of employment. Approximately 4.08% of workers in San Jose take public transportation. An estimated 1.44% walk to work.

Median San Jose homeowner's housing expenses are 22.3%

Crime in San Jose (2003), crimes per 10,000 residents per year
Violent Crimes 37.75
Robberies 9.11
Aggravated Assaults 25.2
Property Crimes 231.84
Burglaries 37.03
Larceny-Thefts 153.86
Motor Vehicle Thefts 40.94

Invest in San Jose Properties

When making a decision about buying real estate in San Jose California area, you should consider following statistical data:

Near Medium City
Near Large City
San Jose Zip Codes 95101, 95102, 95110, 95111, 95112, 95113, 95116, 95117, 95118, 95119, 95120, 95121, 95122, 95123, 95124, 95125, 95126, 95127, 95128, 95129, 95130, 95131, 95132, 95133, 95134, 95135, 95136, 95137, 95138, 95139, 95140, 95141, 95142, 95148
San Jose Area Codes 408
White population 47.49%
African-American population 3.5%
Asian 26.86%
American Indian & Alaskan
Hispanic (of any race) 30.17%
Median Family Income (1999) $ 74,813%
Population Below Poverty Level 8.7%

About the Author:

Jennifer Hershey has more than twenty years of experience 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