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Population growth in county slows
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Newspaper Article
Population growth in county slows
2005
Overview
County population grew by 132,309 people last year to 10,179,716 residents -- more than the combined total in the next four most populous counties combined. But its growth rate ranked just 32nd among the state's 58 counties. The median price of a home in Los Angeles County was $463,450 as of December, while it was $327,210 in Riverside and San Bernardino counties, according to the California Association of Realtors. The median was $612,460 in Ventura County and $474,480 statewide. \"The (San Fernando) Valley has experienced a very strong price appreciation over the last two to three years,\" [Jim Link] said. \"If there is an out-migration, it's price-driven. The median in the Valley hovers at around $480,000, and that's a fairly hefty price. So if someone can't afford that, certainly they're going to look at outlying areas.
Publisher
Los Angeles Newspaper Group
Subject
