San Luis Obispo, California is a medium-sized city with a population of 46,716 people. With a population density of 3,557 people per square mile, San Luis Obispo is well above the nation's average density level. The majority of San Luis Obispo residents report their race to be White; this is followed by Asian and Black. With an average age of 26 years old, San Luis Obispo could be a great place to live for young adults as this age is well below the national average. 75% of the people in San Luis Obispo (over the age of 15) are married and 62% have kids under the age of eighteen. Knowing that, it’s safe to say that this area could be a great place for other families to lay down roots.
Without the right tools, moving to any new town can be very stressful and challenging. Living in San Luis Obispo, California could be a fulfilling experience for anyone who puts in the time to do the research required. Using the livability score which includes data from categories like crime, education, employment, you can easily compare the best places to live in San Luis Obispo and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare San Luis Obispo to California and the national average.
The livability score in San Luis Obispo is 65/100 and the city is ranked in the 41st percentile of all cities across America. For each of the livability categories, we can establish that San Luis Obispo ranks very well for amenities (A+), weather (B+) and education (B-). San Luis Obispo does not fare well for the following: crime (F), cost of living (F) and housing (F). It might be wise to take a closer look at each category to find out why.
Based on the proximity of local amenities like grocery stores, restaurants, coffee shops, parks, librairies, etc., San Luis Obispo has received a higher than average score for its local amenities. If you’re planning on relocating and making this area your permanent home, it’s nice to know that there is an ample amount of amenities and things to do within walking distance or a short drive. Here are some of the more popular things to do in San Luis Obispo: Bubblegum Alley, Mission San Luis Obispo de Tolosa, and Central Coast Food Tours.
Being close to public transportation, grocery stores, parks and other conveniences are all important when weighing your options for a new home in San Luis Obispo. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in San Luis Obispo are affordable. Median real estate prices in San Luis Obispo come in at $567,600, which is 38.7% higher than the California average. The home price to income ratio compares the median home prices to the median household income. In San Luis Obispo, the home price to income ratio is 11.9, which is 85.9% higher than the California average. Purchasing your new home can come with many financial benefits, some of which are more lucrative than others. Perhaps the most notable benefit could be the appreciation of your new home. Home appreciation rates are a good way to generate tax-free equity on a long term basis. The year over year appreciation rates in San Luis Obispo were 9.1%, and the 5 year appreciation rates came in at 6.2%.