Census data released: Median household income in SD holds steady

SAN DIEGO (CNS) – The median household income of residents in the San
Diego metropolitan area held steady between 2011 and 2012, but the percentage
of people living in poverty dipped slightly over the same time frame, according
to data released today by the U.S. Census Bureau.

According to the 2012 American Community Survey, median household income
in the area was $60,330 in 2012, only a slight change from $60,699 in 2011.
The numbers were above the national median household income of $53,607 last
year, and $53,545 in 2011.

The percentage of San Diego-area residents living in poverty dropped
slightly from 15.1 percent in 2011 to 15 percent last year. The national
poverty rate was 15.5 percent in 2012.

The survey provides a snapshot of the financial health of residents in
particular areas of the country, along with statistics on education levels and
immigration. Census officials said the report is aimed at giving communities
data to help them plan public investment and government services.

According to the report, 17 percent of area residents lacked health
insurance in 2012, down from 17.4 percent the prior year.

Among the other 2012 statistics in the report for the San Diego area:

— 49.4 percent of 3- and 4-year-olds were enrolled in school, up from
48.9 percent in 2011 and above the national rate of 48.7 percent;
— 86.1 percent of residents 25 or older had completed high school, up
from 84.9 percent the prior year but below the U.S. rate of 86.7 percent;
— 34.8 percent of residents 25 or older had a bachelor's degree or
higher, above the national rate of 31.2 percent;
— 23.2 percent of residents were foreign-born, well above the U.S.
metro-area rate of 14.8 percent;
— the median value of an owner-occupied home was $386,400, down from
$396,500 in 2011. The U.S. median value was $188,300;
— the median cost of rent plus utility costs was $1,253, above the
national median of $925.

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