Get to Know Ontario
Current Housing Market
Did you find the perfect home for your family in the city of Ontario? Are you starting the process of buying your first house? Purchasing a home is a big commitment, so you’ll probably want to know as much as possible about the city you plan on settling into. To help with this process our experts have compiled a list of some of the most common questions asked online.
As it currently stands, the estimated home value of houses located in and around Ontario is 425K (Up 10.8%) compared to that of last year (July 27, 2017). Median listings are priced at 420K (Up 7.7%), median days in PRP at 46 (Down -6.1%), and sales value at 176 (Up 6.7%). Additionally, if you compare it to the map shown below, you will notice that it lines up with most homes that are in and around the 10 Freeway and the 83 Freeway. You can view the full report by clicking on the link below.
Estimated Home Values
This map shows the average estimated home values, based on the AVMs and RVMs for properties in an area.
Compared with last year: July 27,2017 vs July 27,2018
Median Est. Home Value
Median Listing Price
Median Days in RPR
Housing data is good; however, most first time home buyers want to also know is the mortgage stats. Home buyers are looking for information regarding average room size per home, houses with mortgages, what is the median rent, the median home value, what are the total housing units. This next article that we pulled from WorldPopulationReview.com offers a great chart with all of this insight. You can view all this information and more by visiting WorldPopulationReview.com. This site provides a quick breakdown of all of this information plus some additional interesting facts. Click on the link below to read the full stats.
Ontario Ca Housing Indicators
|Median Number of Rooms (per House)||5.2|
|Houses Without Mortgage||5,377|
|Houses With Mortgage||20,122|
|Median Home Value||293,000|
|Total Housing Units||51,371|
WordPopulationReview.com showed that Ontario had roughly 175,841 people in 2017 (which was a growth of 2,886 from the previous year). The median age for the people that live here average about thirty-two and the median household income is about $54,896. When looking at the statistics a bit closer, you will find that the population of Ontario is 70.6% Hispanic 15.9% White, and 5.93% Black. When it comes to the sex ratio in Ontario, the numbers are nearly split down the middle with 49% being Male and 51% being female. Click on the link below to read the full articles. With the numbers steadily increasing every year, we should see a healthy growth cycle for next year.
Average Household Size
Data collected by city-data.com shows that Ontario has an average household size of about 3.6 people, which is a bit higher compared to California (2.9 People Per Home). Additionally, when it comes to family households Ontario homes average about 79.2%, which is a lot higher than the whole state (68.7%). The percentage of households that have unmarried partners is 8.6%, which again is a bit higher than the state as a whole (7.2%). Click on the link below to read the full report.
Back in 2000, the estimated income was $42,452. The most recent estimated income in 2016 was $55,982, which shows constant growth. WorldPopulationReview.com did another study that compared income between the city of Ontario and California. The median household income in Ontario was $54,896. California’s median household income was slightly higher at $63,783. Ontario city mean was at $65,536, which again was considerably lower than the state mean of $91,149. WorldPopulationReview.com offered a pie chart that showed 22.1% of household incomes make between 50,000 to 75,000. Click on the links below to view both reports.
Upland Ca Income Distribution
|$10,000 to $14,999||2,256|
|$15,000 to $24,999||5,053|
|$25,000 to $34,999||4,434|
|$35,000 to $49,999||7,202|
|$50,000 to $74,999||10,636|
|$75,000 to $99,999||6,508|
|$100,000 to $149,999||6,482|
|$150,000 to $199,999||1,999|
Pre-K, Elementary, Middle School, & High School
If you’ve already started your family, a major move like this can also have an affect on your children as they now have to transition to a new school. Once the move is complete, you are going to want to find the perfect school for your children to attend. To help you in determining what is the best school in the area, we wanted to share the following link (greatschools.org). This site provides great insight into how each institution is performing on an academic level. Not only that, you will also be able to see how they serve the needs of different children groups (disability, low income, and ethnicity). Parents who had their children attend this school also have the option of leaving a review on how they the school performed as a whole. Whether your child is just starting pre-school or is moving to a new high school, you will be able to see each breakdown. Click on the link below to read the full statistics.
While there are no universities found in Ontario, there are some universities never by. Based on the following report created by study.com, there are about one hundred forty-five schools that are within a twenty-five-mile radius of Ontario? Some of the major universities are Argos University, California State Polytechnic University, and DeVry University. Final tuition costs are calculated for those who qualify for financial aid at these institutions.
Datausa.io conducted their own research and found that businesses in Ontario employ roughly 76,973 people. This city has been known to specialize in Transportation & Warehousing, Wholesale Trade, support and Waste Management Services to name a few. A second report created by City-data.com shows that Ontario has a strong economy due to its Manufacturing, Construction, and Transportation services. However, their largest paying industry are in Utilities ($74,571), Management of Companies & Enterprises ($49,779), and Finance & Insurance ($41,903). To view the full report, please click on the following link.
Ontario was first started when a Canadian Engineer by the name of George Chaffey purchased the Cucamonga Desert back in 1881. His vision was that if properly watered, it could churn out a great profit. With his brother William on board, they bought the San Antonio lands. They were able to purchase up to 6,218 acres and water rights for $60,000. Later the Chaffey brothers tried to replicate this in Australia as well, with Charles Franklin becoming the guiding force for those beginning years. Just like most cities nearby, Ontario was well known for their citrus trees. A few grove houses still exist to this day. Jumping forward again, in 1923 Judge Archie Mitchell, Waldo Waterman, and some other airplane enthusiasts established Latimer Field. Later on, this field would be well known for serving as training grounds for pilots that were getting ready to serve during WWII. After WWII, much of this land started to diversity and the city began expanding. To learn more click on the link below to read the full story.
Know Your City
There’s a wide range of events you can do while you’re venturing out into the city of Ontario. If you fancy the art life, you can go visit the Chaffey Community Museum of Art. What draws people to this location is the gorgeous exterior. If you’re looking to do a little bit of shopping, then we recommend visiting the Ontario Mills Shopping district. Aside from high-end designer clothing, you also have an improv comedy club and a dinner theater. If you’re looking for something more on the adventurous side we recommend visiting K1-Speed Ontario. To see a full list of fun events that you can visit in Ontario, click on the link below.
Are you more of an outdoors type of person? Ontario has an array of natural scenic views. To start you can always visit the Cucamonga-Guasti Regional Park, which offers two lakes for fishing and boating, and a great jogging path. If your looking for something a bit more tranquil go on and visit Glen Ivy Hot Springs where you can let your worries wash away. Last but certainly not least you have the North Etiwanda preserve where you can be at one with nature. The east trail is for your modest hiker. This trail will take up to two hours to complete. To view the full list of things to do, please click on the link below.
If you are looking for something that is a bit more family focused, then you will be glad to hear that Ontario has that too. Whether you like indoor activities, parks, water games, or museums Ontario has something for everyone. Click on the link below to find all the possible activities that are in and around Ontario.
Over 25 Years of Real Estate Service
When you hire the Scott Jones Real Estate Team you get more than just an Agent. You get the entire buyers team focused on finding the best loan programs, the right home in the neighborhood you desire.
Finding the right real estate agent can be as difficult as finding the right home sometimes and so Scott and his team make sure to provide the individualized service that every client needs.
When it comes to finding a home or selling your home fast, to finding the right lender and escrow company and all of the inspections and paperwork the go with buying or selling real estate Scott is there ready to answer your questions and get the job done.