Stein Valuation, Inc.
Real Estate Appraisals & Consultation
Our appraisal experience spans the spectrum of property types and includes, apartment, office buildings, industrial buildings, R & D Buildings, mobile home parks, residential subdivisions, retail buildings and shopping centers, mixed portfolios, same-use portfolios, mixed use buildings, and a multitude of other property types. If you are a new visitor to our site, we invite you to explore these pages for more information on our services and the appraisal industry.
Following is a typical Appraisal Location description utilized by the Appraiser in analyzing the general area market trends.
Carson Area Description
According to the U.S. Census Bureau’s official census in year 2000, Carson City had an overall population of 89,549. Out of the total population, 66,988 residents were at least 16 years of age, of which 35,302 were females. There were 55,241 city residents aged 25 and above.
The same report revealed that of the total population, 28,559 residents were in school. Also, it showed that 43.7% of the city’s students were in elementary school, 24.5% were in college or graduate school, 21.7% were in high school, 5% were in nursery or pre-school; and also 5% were in kindergarten. About 71% of Carson City's population aged 25 and above were high school graduates, but only 18% had bachelor's degree or higher.
Carson City had a total labor force of 40,590 (year 2000). Out of the 66,988 Carson City residents that were at least 16 years old, 37,300 were employed and only 3,214 were unemployed. About 19,700 females who were at least 16 years old belonged to the labor force. About 18,300 of them were employed.
The U.S. Census Bureau’s year 2000 census results also showed that 28,612 workers were hired by private companies, 6,745 worked for the government, and 1,840 were self-employed. About 31% of the total employed population of at least 16 years of age had sales and office occupations; 26.8% had management, professional, and related occupations; 20% had production, transportation, and material moving jobs; 14.4% had service jobs; 7.7% had construction and maintenance occupations; and only 0.2% had farming, fishing, and forestry jobs.
In terms of industry, 7,820 residents worked for the educational, health and social services industry and another 7,093 worked in manufacturing. About 4,205 worked in retail trade and 3,528 worked in the transportation, warehousing and utilities industry. Also 3,116 worked in the professional, scientific, management, administrative, and waste management services.
Employment records also showed that around 2,000 workers were in the arts, entertainment, recreation, accommodation and food services industry; 1,934 worked in the finance, insurance, real estate, and rental and leasing; 1,641 were in wholesale trade; 1,530 were in public administration; 1,389 were in construction; 1,241 were in the information industry; only 139 were in agriculture and mining; and 1,666 were in other services.
Of the 37,300 employed workers in the city, 18,976 were males and 18,324 were females. Most of the males worked in the manufacturing industry while most of the females were in the educational, health, and social services industry. Median earnings for full-time year-round male employees were $33,579, while median earnings for full-time year-round female employees were $31,110 in year 1999.
Records of the U.S. Census Bureau also showed that there were 24,618 households in 1999. Out of the total households, only 1.3% had an income of at least $200,000; 10.2% had an income between $100,000 to 149,999; 25.1% had an income between $50,000 and $74,999; 13.9% had an income between $75,000 and $99,999; 2.2% had an income between $150,000 and $199,999; 16.1% had an income range of between $35,000 to $49,999; and 10.5% had an income of at least $25,000. For the year 1999, the median household income of Carson City was at $52,284 and the mean earnings were $59,253.
The year 2000 census results also showed that there were 20,271 families in Carson City with a median income of $54,886. Most of the families had income of at least $50,000. About 1,460 families, or 8,216 individuals, were below the poverty level in 1999.
As per the U.S. Census 2000 results, Carson City residents lived in 25,306 housing units. About 17,655 of the housing units of which were single-unit detached units; 2,277 were single-unit attached units; 2,872 were multiple housing units; and 2,488 were mobile homes.
There were 24,624 occupied housing units in Carson City and at least 300 vacant housing units, based on year 2000 census results. About 190 of the vacant housing units were for sale and 121 were for rent.
The asking price for the housing units was at least $70,000. Most of the housing units for sale had price tags of $125,000 to $149,000 or $250,000 to $299,999. None of the housing units were sold above $400,000. The median asking price was $194,100.
The vacant housing units for rent had varied prices. Some of the housing units were being rented for as low as $150 and as high as $1,999, but most would fall on the $800 to $999 price range. There were also at least 24 housing units that had rental fees of between $450 and $499. The median rental fee was $832, according to the year 2000 census.
Copyright ©2005 – 2006, Stein Valuation, Inc.
All Rights Reserved.
No portion of this page, text, images or code, may be copied, reproduced, published or distributed in any medium without the expressed written permission of the copyright holder.
Additional statistical data for the area is presented below: Please note: differences between the above and below values are related to differing sources, though the ranges are considered to be quite reliable.