Spotlight on Laguna Beach
When hoping to invest in real estate in Orange County, consider the beautiful seaside city of Laguna Beach. This area may have made a household name for itself from the hit MTV television series, Laguna Beach: The Real Orange County, but it certainly has a lot more to offer residents than any reality show could ever feature.
According to the City of Laguna Beach, 22,723 people call this tropical oasis home, but around three million come to visit this pristine coastline annually. Locals enjoy living in this vibrant beach community for the seven miles of sandy Pacific Ocean coast running along the city's edge. Despite the many visitors, the small town feel is one of the aspects that makes Laguna so quaint and unique from other towns in Southern California. Its nine-square-mile radius is easy to navigate with various pedestrian walkways and a tram system.
Located a little more than 10 miles south of Newport Beach, it is one of the most southern communities in Orange County, situated just north of Monarch Beach and Dana Point. People often spend the days soaking up sun on one of Laguna's 20 public beaches, or hop over to one of these nearby areas for a change of scenery. The 15-foot waves make for excellent surfing and skimboarding throughout the year, and average temperatures in the low- to mid-70s don't hurt either.
Homebuyers looking to live among well-established neighbors will like the fact that the U.S. Census Bureau reports the median household income from 2006 to 2010 in Laguna Beach was $98,634, well above the California average of $60,883. Likewise, during this time the median value of owner-occupied housing units was $1,000,001 and 62.4 percent of residents are homeowners.
The majority of locals are also well educated as 63 percent have a Bachelor's degree or higher, according to the news source, which is more than double the California average. CNN Money reports the median age is 45.4 years old, making this a great area for families and professionals.
Consider homes for sale in North Laguna if you prefer the high-end boutiques and elegant restaurants similar to those in Newport Beach. Families interested in living in a gated community may like Emerald Bay and those who enjoy an artsy vibe should check out downtown Laguna.