Huntington Beach, also known as Surf City USA, is home to an estimated 191,489 people and is the fourth largest city in Orange County as well as the Sixteenth largest city in California.
The Southern California city attracts more than 16 million beach goers each year. The 8.5-mile long waterfront offers waves for surfers while also providing a beach culture for residents. This beach community continues to hold steady real estate values which actually actually add value to the real estate in the greater Los Angeles properties for sale.
The city of Huntington Beach offers residents a variety of residential options including waterfront homes, single-family suburban neighborhoods and multifamily rental units, with the median home value of $689,400.
According to the 2010 U.S. Census of Population and Housing, the median age of residents of Huntington Beach is under 40 years old, and 20.6 percent of the population is under 18 years of age while 14.2 percent of the population is over the age of 65. In the last decade, the population grew 0.2 percent.
The estimated number of total housing units in 2011 is 75,769, with 59.55 percent being occupied by homeowners and 40.45 percent by renters. Results from the 2010 Census revealed there were 74,285 households in Huntington Beach while many tourists continue to keep the local economy thriving. The estimated median household income is $77,819.
The inventory of homes for sale in Los Angeles could increase in the near future, as builders are more confident in the single-family home market.