San Diego s population is 3.3M, with a total workforce of 1.5M. The labor market grew by 27,400 jobs over the past year, up by 1.8%. The median household income in San Diego is $78,818, 3.4% higher than last year and 24.8% above the national average of $63,179.
In the housing market, total permits issued totaled 7,563 over the last twelve months, down 34.1% year-over-year. San Diego has 135 active new home projects on the market, 1.5% fewer than the 137 from last year. The average list price in the market is $826,744, 3.6% higher than last year and 176.1% above the national average. Over the last three months, new home contracts increased by 23.0% to 866. Chula Vista and San Diego had the highest concentration of the new home contracts in the San Diego market.