Speaker 1

Place

North County's quality of life is special and envied the world over. This special location has a cost-most notably the high price of living and working in the region and the challenge of moving in and around the region. The issues related to housing and transportation are not only important to residents and elected officials, they are increasingly a key issue for businesses and employers. As was reported in the 2018 North County Indicators, businesses in the region were most dissatisfied with the ability of their employees to find reasonably priced housing that is close to work. Residents, especially renters, spend a large portion of their total household income on housing. A greater percentage of North County renters spend 35 percent or more of their total income on housing than San Diego County or California renters and considerably more than the national average.

North County Housing



Best measure of
economic distress

The portion of household income spent on mortgage or rent

North County Office Rents


Most expensive market is in Carmel Valley in North County (NC) Central Coast. Office Rents have increased by nearly

60%

more than NC Coastal & almost double of NC Central Inland.