Mission Viejo California City Guide

Mission Veijo’s population grew steadily from 92,615 in 2010 to 96,124 in 2018. During this time, the population grew 3%. The 10 year growth rate can be divided into an annual growth rate of 0.52%.

The city’s median resident age is 45, which is comparably higher than both California’s median resident age and the U.S. median resident age. The population is split roughly 50/50 between male and female residents, seeing as about 48,510 residents are women and around 47,610 residents are men.

77% of the city’s households are families, while 3.3 is the average family size. The city’s birth rate is 5%.

An estimated 78.7% of residents living in Mission Viejo are White. Another 11.1% of the city’s population is of Asian descent. About 1% of the population is Black or African American, and an additional 5.2% of the city’s residents are biracial or multiracial.

Almost 76% of Mission Viejo’s population only speaks English. Another 10% of the population in this corner of California speaks Spanish, while a little over 5% of residents speak another Indo-European language.

Almost 20% of the population was born outside of the U.S. To compare, this tracks under California’s average of 27%, but is about 7% over the national average.

Mission Viejo contains 14 public elementary schools, 6 middle schools, and 6 high school campuses. 82% of local students attend public schools, while 18% of students are enrolled in private schools.

The city’s graduation rate among residents 25 years and over is 94%. Comparably, this tracks over both statewide and national averages. Mission Viejo’s high school dropout rate is 6%.

21.8% of the population has received some college education, and about 10% of residents have earned an associate’s degree. Almost 48% of residents 25 years and over have a bachelor’s degree, and another 15.6% of the population has earned a graduate or a professional degree.

The median property value in Mission Viejo is about $785K, which doesn’t rank among the highest of medians in the state, but still ranks as one of the highest medians on a national level.

The majority of properties in the city at 51.2% are priced between $607K-$910K, and 22.5% of real estate varies between $910K-$1.2 million. Another 4% of properties are worth over the $1.2 million mark. 11.5% of properties are in lower price ranges, specifically between $485K-$607K. Another 6.9% of real estate varies between $364K-$485K. Less than 3% of Mission Viejo properties are valued under the $364K mark.

As for appreciation rates, real estate in the city appreciated an impressive total of 55.07% between December 2009 and December 2019, which breaks down into an average annual home appreciation rate of 4.48%. This number places Mission Viejo’s appreciation rate as among the highest 10% in the nation.

Out of an estimated 34,000 residential options in the city, 76.3% of housing is owner-occupied, and 23.7% of properties are rented.

The majority of housing options are single family homes, seeing as 71.5% of residences are this type of property. 12.7% of options in Mission Viejo are condominiums and attached properties, and 12% of properties are apartment complexes. Just 3.8% of residences are smaller apartment buildings.

As for age, 83.2% of properties were constructed between 1970-1999, and 12.4% of residences were built between 1940-1969. Just 0.3% of options were built in or before 1939, which leaves around 4% of options being built in 2000 or later years.

To give an idea of property size, 36% of options have 3 bedrooms, and 28.7% have 4 bedrooms. 7.4% of properties have 5 or more bedrooms, and 20.8% have 2 bedrooms, which means 7.1% of housing options have 1 bedroom.

The average salary of a Mission Viejo resident is $92K, and the city’s median household income is almost $115K. At $48K, the city’s per capita income tracks over both statewide and national averages.

4.8% of Mission Viejo residents are unemployed, and 5% of the population lives in poverty. About 8.5% of the population makes under $25K each year.

Another 9.2% of residents earn $25K-$35K, and 13.1% make $35K-$50K. Another 13.5% of the population earns $50K-$65K, while 6.3% of Mission Viejo residents make $65K-$75K annually. Over 15% of residents make $75K-$100K, and another 34% earn over $100K each year.