By the Numbers
Understanding Affordable Housing in Laguna Beach
Affordable housing built on NCC property will be dedicated to address the number one need for many: limited-income seniors, city and school employees, artists, retail workers and other lower-wage employees who help us thrive as a community. Economic diversity within our city is not only morally right, but economically and culturally beneficial.
Benefits of Affordable Housing
Creates stable long-term communities— Those with limited income will have a rent that is affordable for their income, and does not get raised too fast
Reduces traffic and pollution from commuting by maintaining worker population close to work
Helps young adult & families to afford staying in OC
Increases retail sales & tax base, supporting the local economy and small businesses
Increases wellness by creating a home that is safe and affordable
Makes other life necessities affordable—medications, child care, food, transportation, etc
By reducing sprawl, Infill housing supports reducing carbon emissions by using land in areas developed
Decreases crime, increases property values
Nearly 40% of Laguna Beach
Households would qualify for
affordable housing
Mean Household Income in Laguna Beach, 2021
Dividing the number of households in Laguna Beach into five groups— each 20% of the population of the city—the table above shows the mean household income for each group. The mean income is the average income across all households in any one particular group.
The takeaway—everyone in Laguna Beach has a friend or family member who would benefit from access to affordable housing.
Source: U.S. Census Bureau, American Community Survey (ACS) 2017-2021 5-Year estimates / Neilsberg
What incomes will tax-credit-financed
affordable housing generally be for?
2024 HUD Multifamily Tax Subsidy Project (MTSP) Income Limits
by Household Size for Orange County
AMI = Area Median Income
Rental Market Trends
in Laguna Beach?
Average Rent in Our City
apartments.com
Work Life in Laguna Beach
Source: Southern California Association of Governments, Local Profiles Report for the City of Laguna Beach, May 2019
What types of workers earn from
$32,000 to $40,000 per year?
Annual Income based on $15 to $19 an hour
Ziprecruiter.com
What types of workers earn from
$41,000 to $51,000 per year?
Annual Income based on $21 to $25 an hour
Ziprecruiter.com