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Conservative Values, a Mild Climate,
Strong Economic Growth and Less Expensive Real Estate (for California)
Bring Retirees to the Golden State's City of Roseville
Cost of Living: Above the National Average
| Roseville, California (population
107,000) got its start in the 1850s when a few
disillusioned gold miners gave up the idea of
striking it rich in the California gold
fields. Instead they settled in to pursue
farming and ranching around the rich creek
bottom land just northeast of Sacramento, and
in the process the seeds of a city were
sown. Soon the railroad arrived, and
as the country grew, so did Roseville, becoming
a major rail terminal and even for a time
enjoying the title "St. Louis of the
West." Today Roseville is an
affluent, safe community with a strong economic
base and conservative values. It is also a
place many retirees are calling home; in fact,
of the population, 21% is age 45 to 64, and 15%
is age 65 or better. |
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This progressive spot is experiencing quite a bit of
growth, attracting empty-nesters and retirees, as well as
families and professionals, from Sacramento and San
Francisco. New blood from these larger areas is
bringing some social and cultural diversity to Roseville,
but it is still a conservative city with a rich appreciation
of its railroad history and pioneer past. As
more residents come to town, new master-planned developments
are popping up to accommodate the new arrivals.
California real estate prices have been through the roof in
recent years, and although Roseville's are higher than the
national average, the current local median home price of
$355,000 is not nearly as high as in other desirable
California cities (the overall cost-of-living is roughly 40%
above the national average).
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The city is spread out (some might say sprawling),
and its topography ranges from flat grasslands to rolling hills
with creeks and trees, but it has two distinct
sections. East Roseville includes "Old Town"
and has more established, older neighborhoods while West Roseville
has the newer subdivisions, including Woodcreek Oaks, Johnson
Ranch, Stone Canyon, Crocker Ranch, and for those seeking
retirement in an active adult community, Del Webb's Sun City
Roseville (which opened in 2006). Here 3 bedroom, 2
bath single family homes start at around $317,000 (topping out in
the mid $400,000s), and residents enjoy all of the amenities,
including a state-of-the-art fitness center, normally found in a
Del Webb retirement development (call 916-746-4800
for more information). And
while residences in West Roseville tend to be newer and more
expensive, in East Roseville, buyers find homes with charm and
character; many are for sale in the mid-$200,000s to low $300,000s
vicinity. Here homes are graced by tall trees and
mature landscaping and entice buyers seeking classic California
designs with white exteriors and red tile roofs as well as standard brick and stucco ranch-style and bi-level
homes with an attached garage at the front of the house.
This is an
interactive map. Click on the arrows in the upper left hand
corner to move the map to the East, West, North or South, and click on the +/- signs to zoom in
and out.
Property taxes
in California are terribly complicated, but it is fairly safe to
say that the annual taxes on a residential dwelling will be
1.85-1.95% of its assessed value. This amount should include
the Mello-Roos tax, a fee (tax) tacked onto the tax bill as a way
to get around the state's strict Proposition 13 tax increase
protections. Some of these Mello-Roos fees can be
substantial in newer subdivisions requiring lots of new
infrastructure. Contact the Placer County Assessor's Office
at CustomerService@placer.ca.gov
for more information (they do not publish their phone number so
they apparently only want to be contacted via email). Roseville,
California, Continued...
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2006-2008.
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