Most Expensive Newport Beach Neighborhoods
Newport Beach is a larger medium-sized coastal city (i.e. on the ocean, a bay, or inlet) located in the state of California. With a population of 87,266 people and 19 constituent neighborhoods, Newport Beach is the 85th largest community in California.
Newport Beach home prices are not only among the most expensive in California, but Newport Beach real estate also consistently ranks among the most expensive in America.
Newport Beach is a decidedly white-collar city, with fully 94.27% of the workforce employed in white-collar jobs, well above the national average. Overall, Newport Beach is a city of managers, sales and office workers and professionals. There are especially a lot of people living in Newport Beach who work in management occupations (24.21%), sales jobs (18.50%) and business and financial occupations (10.31%).
Of important note, Newport Beach is also a city of artists. Newport Beach has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Newport Beach’s character.
Also of interest is that Newport Beach has more people living here who work in computers and math than 95% of the places in the US.
Telecommuters are a relatively large percentage of the workforce: 9.98% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
One thing noticeable about Newport Beach, although not a huge city, is that it has a large population of people who are young, single, educated, and upwardly-mobile career starters. That’s because Newport Beach is full of single people in their 20s and 30s and who have undergraduate or graduate degrees and are starting careers in professional occupations. This makes Newport Beach a pretty good place for young, educated career starters looking to find many people like themselves, with good opportunities for friendships, socializing, romance, and fun.
One of the nice things about Newport Beach is that it is nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Because of this, visitors and locals will often go to these areas to take in the scenery or to enjoy waterfront activities.
If knowledge is power, Newport Beach is a pretty powerful place. 64.50% of the adults in Newport Beach have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Newport Beach in 2010 was $78,012, which is wealthy relative to California and the nation. This equates to an annual income of $312,048 for a family of four.
Newport Beach is a somewhat ethnically-diverse city. The people who call Newport Beach home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Newport Beach residents report their race to be White, followed by Asian. Important ancestries of people in Newport Beach include German, Irish, English, Italian, French and Swedish.
The most common language spoken in Newport Beach is English. Some people also speak Spanish.
|NEWPORT BEACH INFORMATION||DETAILS|
|NUMBER OF HOMES AND APARTMENTS||38,451|
|NEWPORT BEACH HOME OWNERSHIP|
|% OWNER OCCUPIED||55.19%|
|% RENTER OCCUPIED||44.81%|
|TYPE OF NEWPORT BEACH HOMES|
|SINGLE FAMILY DETACHED||46.96%|
|ROWHOUSES AND ATTACHED HOMES||17.01%|
|SMALL APARTMENT BUILDINGS||11.39%|
|COMPLEXES OR HIGH RISE APARTMENTS||22.75%|
|SIZE OF NEWPORT BEACH HOMES|
|5 OR MORE BEDROOMS||8.14%|
|AGE OF NEWPORT BEACH HOMES|
|NEWER HOMES (2000 OR LATER)||12.18%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||48.04%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||35.93%|
|HISTORIC (1939 OR BEFORE)||3.85%|
|NEWPORT BEACH REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$2,264,373|
|MEDIAN RENTAL PRICE||$2,387|
|HOME VALUE RANGE|
|$0 - $66,000||1.09%|
|$66,001 - $132,000||1.11%|
|$132,001 - $264,000||1.28%|
|$264,001 - $396,000||1.49%|
|$396,001 - $528,000||2.53%|
|$528,001 - $660,000||3.03%|
|$660,001 - $990,000||8.64%|
|$990,001 - $1,320,000||12.44%|
|PEOPLE OF NEWPORT BEACH||DETAILS|
|UNDER 5 YEARS||3.87%|
|5 TO 17||13.96%|
|18 TO 24||7.68%|
|25 TO 34||12.73%|
|35 TO 54||27.55%|
|55 TO 64||14.53%|
|65 YEARS AND OVER||19.67%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||97.69%|
|MEDIAN HOUSEHOLD INCOME||$107,991|
|PER CAPITA INCOME||$78,012|
|INDIVIDUALS BELOW POVERTY LEVEL||7.23%|
|INDUSTRIES PEOPLE WORK IN||Professional, scientific, and technical services (16.12%)
Real estate (7.29%)
Information Technology (2.45%)
|BLACK OR AFRICAN AMERICAN||0.46%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.16%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.17%|
|SOME OTHER RACE ALONE||2.77%|
|TWO OR MORE RACES||3.22%|
|HISPANIC OR LATINO (OF ANY RACE)||8.16%|
|ETHNICITIES PRESENT||German (16.82%)
|LANGUAGES SPOKEN||English (83.71%)
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