FAST FACTS Considering San Jose? Here’s what you need to know:
- Population: 953,679
- Occupancy: 96.3%
- Median Age: 35 years
- Median Household Income: $71,765
- Average Rent: $1,482
Unemployment: 4.8% NOTABLE: San Jose boasts the highest disposable household income of anywhere in the country. Home to the largest Vietnamese community outside of Vietnam. Has 25 companies with 1,000 employees or more, including the headquarters of Adobe Systems, Cisco, Novellus Systems, and eBay, as well as major facilities for Hewlett-Packard, IBM, Hitachi, Agilent Technologies, and Lockheed Martin.
MFE DOZEN:Asheville, N.C. (January) Southern charm wins big
Chicago (February) Good news for the Windy City
Atlanta (March) Peachy deals crop up
Denver (April) Multifamily goes mile-high
Washington, D.C. (May) Capital efforts pay off
San Jose (June) Golden opportunities abound
Minneapolis (July) New constructions in the Twin Cities
New Orleans (August) The Big Easy rebuilds
Providence (September) Promising developments in the Northeast
Dallas (October) Herding up new projects
Indianapolis (November) The heartland keeps ticking
Manhattan (December) The market that never sleeps