Population, Housing, & Employment Orange County, California Presented: May 2, 2003 Victoria Basolo, Ph.D., AICP Department of Planning, Policy, and Design University of California, Irvine POPULATION Population, Percent Change 1990-2000 35% 30% 25% 20% 15% 10% 5% 0% Orange Los Riverside San San Diego Angeles Bernardino Source: U.S. Census Bureau. 1990 Census, STF 1; Census 2000, SF 1. CA Population Density, 1990 & 2000 4000 3600 3200 2800 2400 2000 1990 1600 2000 1200 Persons per square mile 800 400 0 Orange Los Riverside San San Diego Angeles Bernardino Source: U.S. Census Bureau. 1990 Census, STF 1; Census 2000, SF 1. CA Population by Age Groups, 1990 & 2000 100% 90% 80% 70% 65 and over 60% 45-64 50% 25-44 40% 18-24 Under 18 30% 20% 10% 0% Orange Orange 1990 2000 Riverside Riverside 1990 2000 Source: U.S. Census Bureau. 1990 Census, STF 1; Census 2000, SF 1. San Diego San Diego 1990 2000 Population Projections, 2000-2020 4500000 4000000 3500000 3000000 Orange 2500000 Riverside 2000000 San Diego 1500000 1000000 500000 0 2000 2005 Source: California Department of Finance, 2000 2010 2015 2020 Orange County Population Summary • Orange County grew by 18.1% from 1990 to 2000, faster than the State as a whole • Over the next 20 years, the County is expected to grow by an additional 22.4% • Much of the increase in population will be from natural increase, existing residents maturing through the life cycle HOUSING Housing Units, Percent Change 1990-2000 25% 20% 15% 10% 5% 0% Orange Los Angeles Riverside San San Diego Bernardino Source: U.S. Census Bureau. 1990 Census, STF 1; Census 2000, SF 1. CA Homeownership Rates, 1990 & 2000 70% 60% 50% 40% 1990 30% 2000 20% 10% 0% Orange Los Riverside San San Diego Angeles Bernardino Source: U.S. Census Bureau. 1990 Census, STF 1; Census 2000, SF 1. CA Percent Single-Unit Housing, 1990 & 2000 80% 70% 60% 50% 40% 1990 30% 2000 20% 10% 0% Orange Los Riverside San San Diego CA Angeles Bernardino Source: U.S. Census Bureau. 1990 Census, STF 3; Census 2000, SF 3. Percent Multi-Unit Housing, 1990 & 2000* 45% 40% 35% 30% 25% 1990 20% 2000 15% 10% 5% 0% Orange Los Riverside San San Diego Angeles Bernardino *Includes mobile homes Source: U.S. Census Bureau. 1990 Census, STF 3; Census 2000, SF 3. CA Owner Vacancy Rates, 1990 & 2000 5.0% 4.0% 3.0% 1990 2000 2.0% 1.0% 0.0% Orange Los Riverside San San Diego Angeles Bernardino Source: U.S. Census Bureau. 1990 Census, STF 1; Census 2000, SF 1. CA Rental Vacancy Rates, 1990 & 2000 10.0% 8.0% 6.0% 1990 2000 4.0% 2.0% 0.0% Orange Los Riverside San San Diego Angeles Bernardino Source: U.S. Census Bureau. 1990 Census, STF 1; Census 2000, SF 1. CA Median Housing Value and Rent, 1990 & 2000 30% 25% 20% Median Value 15% Median Contract Rent 10% 5% 0% Orange Riverside San Diego Source: U.S. Census Bureau. 1990 Census, STF 1 and 3; Census 2000, SF 3. Housing Costs 1 MSA Orange (County) San Bernardino-Riverside San Diego 2 3 3 Index Rank FMR FMR FMR 4th qtr. Rents Rents % Increase 2001 2001 2002 2001-2002 37 50.8 22.4 19 37 8 1046 1097 621 656 896 1012 1 Housing Opportunity Index (NAHB, 2002): Share of homes affordable to median income 2 Rank of MSA out of 181 regions across the nation (NAHB, 2002) 3 Fair Market Rent for a 2 bedroom unit (HUD, 2002) 4.9% 5.6% 12.9% Overcrowding Rates, 1990 & 2000 25% 20% 15% 1990 10% 2000 5% 0% Orange Los Riverside San San Diego Angeles Bernardino Source: U.S. Census Bureau. 1990 Census, STF 1; Census 2000, SF 3. CA Orange County Housing Summary • Orange County housing stock grew by 10.8% from 1990 to 2000, lagging behind demand as are many of CA housing markets • In 2000, vacancy rates were very low at less than 1% for owner housing and 3% for renter housing • Median housing value increased by about 7% and Median contract rent at just over 18% from 1990 to 2000 • Orange County housing is very expensive • Overcrowded units increased by 15.7% in the 1990s. EMPLOYMENT Employment Change, 1990 to 2000 Orange County Los Angeles Riverside San Bernardino San Diego California 1990 2000 % Change 1,292,472 4,203,792 488,257 591,371 1,145,266 13,996,309 1,338,838 3,953,415 602,856 661,272 1,241,258 14,718,928 3.59% -5.96% 23.47% 11.82% 8.38% 5.16% Source: U.S. Census Bureau. 1990 Census, STF 3; Census 2000, SF 3. Unemployment Rates, 1990 & 2000 7% 6% 5% 4% 1990 3% 2000 2% 1% 0% Orange CA Source: U.S. Census Bureau. 1990 Census, STF 3 and 3; Census 2000, SF 3. Orange County Employment by Industry, 2000 Agriculture, forestry, fishing and mining Arts, Entertainment, Recr., Accom. & Food Serv. Construction Education, Health, & Social Services 3.6% 5.0% 5.0% 0.4% 8.3% Finance, Insurance & Real Estate 6.1% Information 11.2% 16.1% Manufacturing 2.9% 12.6% 17.0% 2.9% 8.8% Professional, Scientific, Mngmnt., Admin., & Waste Mngmnt Serv. Public Administration Retail Transportation, Warehousing, & Utilities Wholesale Trade Source: U.S. Census Bureau. Census 2000, SF 3 Other Services Percent Work and Live in Same County, 1990 & 2000 100% 90% 80% 70% 60% 50% 40% 30% 1990 2000 20% 10% 0% Orange Los Riverside San San Diego Angeles Bernardino Source: U.S. Census Bureau. 1990 Census, STF 3 and 3; Census 2000, SF 3. Orange County Employment Summary • The number of Orange County resident employees grew by 3.59% from 1990 to 2000, a much smaller increase than most of the surrounding counties • Unemployment increased slightly from 1990 to 2000 • Residents are employed in a diverse number of industries suggesting an overall diversified economy OVERALL OUTLOOK Growth, Housing, and the Economy •Existing housing needs are unmet and future population growth creates additional needs for housing • • Economy’s diversity and high tech cluster presents the need for higher middle income housing as well as housing affordable to service workers •Identified •Housing •Housing development requires integrative, collective effort among business, residents, and public officials Housing production lags far behind demand and market “catch up” unlikely as “High Tech” Economy by Landis & Elmer (2001)--high tech economies associated with higher cost housing considered the most important public policy issue by only 6% of OC residents (UCI, OC Annual Survey, 2000), but cited as #1 barrier to doing business in OC (UCI, 2001 OC Executive Survey) Innovations Through Integrated, Collective Action • Cooperative development of programs to link housing and jobs – Loans to employees who stay longer terms with employers and live close to work (sliding scale from full repayment to fully forgiven) – Rental development agreements among employers, developers, and cities/counties (lease up at market and below market rents guaranteed for period of years) – Development incentives to developers building mixed-income housing near job centers (loans, increased density, land at reduced cost) • Cooperative Housing Development Fund – Regional fund receiving donations and stream of revenue from employee tax and sales tax – Land Trust (non profit) receiving donations and purchasing properties for permanent affordability • Cooperative Effort for State Legislation – State tax credits for businesses with employer-assisted housing programs (certified by staff overseeing regional housing fund) – State tax credits for landowners (landlords and owners) who demonstrate proximity of tenant to place of work