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Century 21 Hometown Realty

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There are many great choices for San Luis Obispo CA Real Estate. Downtown SLO is very popular, as is the area near Cal Poly. The most recent development (which was a few years ago) has been mostly in the South side of the city, out off Broad Street. If you continue on Broad Street, it's the back way into Arroyo Grande. You'll pass both the Edna Valley and Corbett Canyon. The city has plans to revitalize the South Higuera district up to intersection at Laguna. This might be a good investment potential if the city is able to raise the funds needed to execute the plan.

We hope you find the information on this page helpful. Please don't hesitate to contact us if you have any questions or would like a professional REALTOR to help you buy or sell a home, a multi-family residence, or land.

Here are some other San Luis Obispo Local Links:

Demographics

As of the 2000 census, there were 44,174 people, 18,639 households, and 7,697 families residing in the city. The population density was 1,600.0/km˛ (4,144/mi˛). There were 19,306 housing units at an average density of 699.3/km˛ (1,811/mi˛). The racial makeup of the city was 84.11% White, 1.46% African American, 0.65% Native American, 5.28% Asian, 0.13% Pacific Islander, 4.82% from other races, and 3.55% from two or more races. Hispanic or Latino of any race were 11.65% of the population. The median household income was US$31,926, and the median family income was US$56,319. The per capita income was US$20,386. Although the city is quite prosperous and home to many wealthy retirees, 26.6% of the population and 7.1% of families were below the poverty line; these numbers reflect the large student population. Typically the more conservative population in the area resides in the north county, in cities such as Paso Robles and Atascadero.

Housing

Although San Luis Obispo County has sustained enormous growth over the past two decades, San Luis Obispo itself has not because of a slow growth policy. That policy combined with the need for student housing related to the university and the climate that attracts new residents from around the world, have been among factors leading to skyrocketing housing prices. As of January 2006, 7% of San Luis Obispo's residents qualified to buy the median priced home.

Being a college town, a percentage of housing has become accustomed to student use which has, in effect, driven those neighborhoods' rents much higher than they might ordinarily fetch, due to demand. It has become a common practice for the affluent parents of wealthy students to buy a house for their child to live in while they attend college, and then sell it after the student graduates. The university is addressing the housing issue with the construction of new dormitories.

Education

California Polytechnic State University ('Cal Poly' or 'Poly' for short) enrolls approximately 18,500 students. Cal Poly's courses include Engineering, Architecture and Environmental Design, Agriculture, Science and Math, Business, and Liberal Arts. Cuesta College is a Community College within a short driving distance of downtown San Luis Obispo. Roughly one-third of San Luis Obispo's population are college age or attending college, giving the city a youthful energy and vitality, although causing many housing problems. The Cal Poly campus is rapidly growing, featuring newly constructed buildings and more advanced technology.

This above information is licensed under the GNU Free Documentation License. It uses material from this Wikipedia article.


Other nearby cities:

South San Luis Obispo County

North Coast, San Luis Obispo County

North County, San Luis Obispo

North Santa Barbara County

San Francisco Bay Area

 

 

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