Housing Profile

Anyone who lives or works in Silicon Valley knows the high housing prices in the region. San Jose - the largest city in Santa Clara County with the largest population - has seen increasingly climbing housing prices and rents in the past five years. According to the California Association of Realtors, housing costs in just the past year have risen approximately 20%. Silicon Valley has experienced a rise in home prices of 46% from 1995 to 1999. Rents have also increased dramatically. Rents have jumped nearly 40% in the past three years, making it very difficult for households with a fixed income or households making less than 50% of the Median Household Income to afford to live in the region.

Population Characteristics and Trends

POPULATION
		1990		2000		2005		2010		2015		2020
SAN JOSE		782,224		894,943		956,800		1,010,700		1,044,300		1,069,200
SANTA CLARA		1,497,577		1,682,585		1,788,300		1,879,700		1,949,500		2,007,500
HOUSEHOLDS
		1990		2000		2005		2010		2015		2020
SAN JOSE		250,211		276,598		294,450		312,110		325,140		334,700
SANTA CLARA		520,180		565,863		596,760		626,730		652,470		674,410
TOTAL JOBS
		1990		2000		2005		2010		2015		2020
SAN JOSE		319,090		427,670		443,590		482,390		511,140		531,570
SANTA CLARA		890,930		1,092,330		1,130,860		1,216,200		1,288,800		1,341,430

     Source: ABAG Projections 2002

As noted from the above table, San Jose has more than half of the population of Santa Clara County. It is also evident that the increase in population outnumbers the increase in job opportunities, while the number of job opportunities outnumbers the number of housing units that will be available. In recent years, Silicon Valley communities have created five jobs for every new housing unit, according to the Silicon Valley Manufacturing Group. This group projects that between 2000-2005, there will be an estimated need of 146,366 homes which are employment driven. The San Jose/Milpitas region will generate 44-50% of total housing demand. Overall, San Jose is able to meet 71 percent of household-driven demand, and 62 percent of job-driven demand.

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The City of San Jose Census 2000 provides information on the results of Census 2000 for the City of San Jose and its ten Council Districts.

The Citywide Demographic Profile contains information from a series of four demographic profile tables issued by the Census Bureau for the City of San Jose.

The Demographic Trends Census Brief: Housing Characteristics and Household Size is an analysis from the Planning, Building and Code Enforcement Department about the housing statistics and future housing trends.

The Council District Profile contains Council District-level information compiled by the City of San Jose from the Census 2000.

The Profile of Selected Housing Characteristics: 2000 are numbers specifically for housing in San Jose.

Data : Housing Profile