Comparisons

COMPARISON WITH OTHER AREAS
POPULATION 2008 2009
Antelope Valley 476,845 483,998
Atlanta 500,638 529,400
Miami 419,237 429,888
St. Louis 354,843 350,202
Cincinnati 330,346 331,938
Las Vegas 569,201 566,225
Reno 213,259 217,175
Tucson 531,464 537,173
AVG. FAMILY HOUSEHOLD INCOME 2008 2009
Santa Clarita $114,349 $118,531
Las Vegas $81,014 $82,045
Reno $76,899 $77,938
Los Angeles $76,644 $79,130
Phoenix $74,323 $75,968
Bakersfield $72,756 $77,273
Ridgecrest $72,420 $76,501
Palmdale $71,547 $74,596
Long Beach $70,931 $73,650
Rosamond $66,730 $71,073
California City $66,695 $70,401
Lancaster $65,810 $68,246
Tucson $56,236 $56,684
Tehachapi $53,433 $56,142
REAL ESTATE TAX RATE 2008 2009
Lancaster 1.13% 1.13%
Palmdale 1.29% 1.29%
San Bernardino 1.29% 1.29%
Portland, OR 2.10% 2.16%
Tucson, AZ 2.25% 2.25%
Mesa, AZ 2.29% 2.29%
Syracuse, NY 2.51% 2.51%
Chandler, AZ 2.63% 2.63%
Fort Collins, CO 2.61% 2.61%
Bullhead City, AZ 2.71% 2.71%
Arlington, TX 3.03% 3.03%
2000-2014 GROWTH PROJECTIONS
  2000 2014 %
Moreno Valley 142,381 228,427 60.43%
Bakersfield 247,057 379,680 53.68%
Lancaster 118,718 171,978 44.86%
Palmdale 116,670 167,636 43.68%
Santa Clarita 151,088 183,366 21.36%
Ontario 158,007 186,262 17.88%
Phoenix 1,321,045 1,692,790 28.14%
Long Beach 461,522 492,663 6.75%
NEW/RESALE HOUSE/CONDO MEDIAN PRICES % OF
  2008 2009 CHANGE
California City $120,000 $59,000 -50.83%
Rosamond $195,000 $119,000 -38.97%
Lancaster $190,000 $116,750 -38.55%
Palmdale $206,000 $135,000 -34.47%
Bakersfield $198,000 $135,000 -31.82%
Los Angeles (city) $500,000 $349,000 -30.20%
Tehachapi $240,000 $182,000 -24.17%
Long Beach $380,000 $300,000 -21.05%
Santa Clarita $477,000 $385,000 -19.29%
Ridgecrest $180,000 $159,500 -11.39%
COST OF DOING BUSINESS (KOSMONT)
  2008 2009
Lancaster Low Cost Low Cost
Palmdale Average Cost Average Cost
Indio Average Cost Average Cost
Irvine High Cost Average Cost
Tulare High Cost High Cost
Riverside High Cost High Cost
Long Beach High Cost High Cost
San Bernardino Very High Cost Very High Cost
Los Angeles Very High Cost Very High Cost
Chandler, AZ Very High Cost Very High Cost
Phoenix, AZ Very High Cost Very High Cost
Tucson, AZ Very High Cost Very High Cost
Palm Springs High Cost Very High Cost
 
% CHANGE NATIONAL % ABOVE/BELOW
CRIME RATE (per 100,000 pop) 2006 2007 2008 2007-2008 AVERAGE '08 NAT'L AVERAGE
CALIFORNIA
Ridgecrest 5,878 2,933 3,120 6.36% 3,605 -13.45%
Victorville 5,122 4,481 4,858 8.42% 4,834 0.50%
San Bernardino 4,879 6,095 6,772 11.10% 4,834 40.09%
Bakersfield 5,865 5,653 6,230 10.20% 5,450 14.31%
Lancaster 4,659 4,415 4,701 6.48% 4,834 -2.75%
Palmdale 3,830 3,761 3,944 4.87% 4,834 -18.41%
Riverside 3,583 4,359 4,977 14.18% 5,450 -8.68%
NEVADA
Reno 5,835 5,103 5,846 14.55% 4,834 20.94%
North Las Vegas 5,649 4,716 4,666 -1.06% 4,834 3.48%
Las Vegas Metro 5,650 5,408 5,897 9.04% 4,350 35.56%
ARIZONA
Phoenix 6,672 6,550 6,534 -0.24% 4,350 50.20%
Glendale 5,484 5,574 6,270 12.49% 5,450 15.05%
Tempe   7,202 6,777 -5.90% 4,834 40.19%
CENSUS GROWTH 1990-2000
Palmdale 49.40%
Phoenix 33.50%
Santa Clarita 23.50%
Bakersfield 29.90%
Lancaster 21.49%
Ontario 17.10%
Moreno Valley 19.90%
Long Beach 8.30%
Housing Affordability Index (%)
(BASED ON MEDIAN HOUSE PRICE INCOME, INTEREST RATE)
First Time Buyer 2007 2008 2009
California City 70 86 92
Mojave 61 80 88
Glendale, AZ 60 80 88
Phoenix, AZ 70 72 87
Chandler, AZ 63 75 85
Las Vegas, NV 43 76 85
Rosamond 43 73 84
Palmdale 48 74 84
Lancaster 47 71 83
Bakersfield 58 73 81
Ridgecrest 75 77 78
Tehachapi 59 69 77
Tucson, AZ 49 61 71
California 32 62 69
Santa Clarita 51 65 69
California Condos 35 61 67
United States 60 72 67
Reno, NV 53 54 60
Long Beach 27 41 50
Los Angeles 21 29 44
COST OF LIVING INDEX (%) (ACCRA)
2008 2ND QUARTER
New York 220.3%
San Francisco 170.9%
Los Angeles/Long Beach 148.1%
San Diego 135.0%
Palm Springs 127.6%
Fresno 120.5%
Riverside 119.3%
Flagstaff 118.3%
Portland, OR 114.5%
Las Vegas, NV 106.3%
Reno, NV 112.1%
Sparks, NV 110.1%
Antelope Valley 104.4%
Bakersfield 103.7%