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La Jolla, California

The city of La Jolla derives it's name from the Spanish "la hoya" or jewel. This is truly the perfect name for this spectacular beach city just north of San Diego. The natural beauty of the ocean-front community, along with upscale shops and restaurants combine to create the perfect home for the country's affluent and elite.

This is a city with a plan. La Jolla's economic stability is in large part due to tourism. The city is a very popular vacation destination, and consistently maintains upwards of 80% hotel occupancies. There is a large contingency of software and bio-tech companies in the city.

La Jolla, California

The population of La Jolla is approximately 43,000 people. The median household income is approximately $95,000 per year, and the median home value is $664,000. This is an extremely affluent area, the residents are proud of their city.

La Jolla is an incredibly desirable community, and real estate prices here reflect that. But home owners in La Jolla, like much of Southern California, have seen an incredible appreciation of their homes' values, making real estate a solid investment in the area. As more and more people choose the temperate climate and refined yet relaxed lifestyle that La Jolla has to offer, this is one real estate trend that shows no signs of slowing anytime soon.

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Recent real estate reports indicate that you might be able to find a small one-bedroom condominium for around $300,000. A typical three-bedroom, two-bath single-family home generally starts around the $1,000,000 mark. The median price for such a home is generally anywhere from $1,600,000 to $1,800,000.

Of course, luxury residences abound in La Jolla. The city's real estate market currently tops out at just under $25,000,000 for a breathtaking six-bedroom, eleven-bath home on nearly six acres of land. At this price point, you will find spectacular waterfront views and tens of thousands of square feet of the finest stones, tiles, and woods

The world famous La Jolla Institute is a non-profit, non-partisan institute for the research and education of economic development. The institute focuses on understanding impacts of the economy and new ways to develop organizations and communities for economic prosperity. They dedicate much of their time working with the new technologies of the information age, and how these technologies can affect the economy.

La Jolla offers a myriad of activities for every interest. There is the famous La Jolla Cove Beach, Scripps Park where visitors can stroll along the shore in a park setting, shops, boutiques, and restaurants. Two of San Diego's most highly recommended restaurants, Acqua Trattoria and Roppongi are located in La Jolla, along with many others for every palate. The Museum of Contemporary Art, Stephen Birch Aquarium, La Jolla Playhouse, La Jolla Art Festival, tours and free summer concerts are just some of the great things La Jolla has to offer. There is something for everyone, from soaking up the sun on the pristine, white La Jolla beaches to enjoying the rich culture and museums of the city, or having a picnic with the children at Scripps Park. The possibilities for recreation are diverse and endless.

La Jolla, California

La Jolla is a city dedicated to offering the best for it's residents. This is extremely apparent in the city's public education system. From kindergarten through high school, the students in the La Jolla school system consistently score well above average on nationwide standardized tests.

La Jolla is rich in beauty, culture, opportunity, and pride. It is one of the most desirable cities in the country to visit, or live. La Jolla truly is "a jewel."