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Located at the northern end of the Sacramento Valley, 160 miles from Sacramento City, and about 120 miles south of the Oregon state line, Shasta Lake City had a population of 9,008 as of the 2000 census. Redding, another city in Shasta County, had a population of 80,865 people in the same period, reaching 84,600 during 2002.

Comparing these figures with those of 1990, the population annual growth rate has been 2%, growing also reflected in the California’s great Central Valley housing market. Lake Shasta is located at the very top of this area, nestled between lush green mountains, characteristic of the Shasta County.

Real Estate in Lake Shasta County includes also other cities and towns, where demand or resale value has increased, such as Anderson, Bella Vista, Cottonwood, Dunsmuir, Igo,. Lakehead, Millville, Oak Run, O’Brien, Old Shasta, Ono, Palo Cedro, Shingletown, Whitmore, and both Redding and Shasta Lake.

The Shasta Lake Real Estate Market has showed off favorable sales statistics and real estate price trends. As of the 2000 census, there were 3,391 households, and 2,377 families residing in Shasta Lake City, were 3,732 housing units were found at an average density of 342.0 miles square.

Median income for a household was $26,275, while median income for a family was $33,010, with 20.1% of the population and 16.5% of families below the poverty line. The average household size was 2.64, and the average family size was 3.09. 34.3% households had children under the age of 18 living with them, and 48.5% were married couples living together.

Properties’ average sales price for March 2006 was $255,000 for a one-bedroom house, $184,275 for a two-bedroom house, $196,300 for a three-bedroom house, and $318,000 for a four-bedroom house. The average sales price per square foot was $164 $198, $150, and $167 for 1 to 4 bedrooms properties respectively.

Major Real Estate demand was for 3-bed properties, followed by 2-bed and 1-bed properties, while 4-bed properties had no significant demand for the same period. Median price asked for housing units in Lake Shasta was $82,300, while the State average prices was $151,900. Average cost for Single-family new house construction building permits $105,200 for 56 building in 2004.

Lake Shasta’s median value of owner-occupied housing units was $91,100, in comparison with the State average of $211,500. Comparing Shasta per capita income, the figures reflect $13, 678, against $22,711 State average. Also in March 2006, Lake Shasta’s medium household income was of $26,275, while the State average stayed in $47,493.

Offering scenic views of the Lassen Volcanic National Park and Mount Shasta, Shasta Lake and Shasta Dam are a short, 5-minute drive from the Shasta Lake City. Other attractions nearby include a 3,200 elevation at Burney Falls State Park, 60 miles to the east of Redding, less than one hour to the east, and Lake Shasta Caverns, just 15 minutes north on Interstate 5.

Another fact that potential home buyers keep in mind when relocating are school facts, that in Lake Shasta are provided by the Gateway Unified School District, which Student/Teacher average ratio for the period 2004-2005 was 17.50, versus the State Average of 20.20. Graduation rate in Shasta was higher than in all the States with a Graduation rate of 94.90% while the State’s rate was 85.30%.

The expenditure per Student in the Gateway Unified School District was $8,384.00 and the State Average was $7,127.00 for the same period. Crime statistics are often compared when it comes to getting a new home, second home or vacation property. According to the FBI, crime index during 2004 was of 4.13% property crime in Shasta County, versus 3.51 in all the state of California.

From those figures, arson was 0.03% for both County and State averages, burglary was of 0.95% in Shasta County and 0.67% in the State, larceny theft 2.76% versus 2.12%. Motor vehicle theft in Shasta County was lower than that of the State, with 0.41% and 0.72% respectively, as violent crime and robbery also returned low figures with 0.53% versus 0.57% and 0.08% versus 0.19% respectively.

Regarding relocation facilities, there are a number of moving companies and relocation services specialized and located in Shasta Lake, such as Mega Van Lines, Unity Van Lines, Nationwide Moving & Storage, Affordable Moving & Storage, ACE Van Lines, Moving Star California LLC, All American Moving & Storage, VIP Relocation, Super Movers, and Movingcost & World Moving Services.

Lake Shasta has 18.6% industries providing employment, social, educational and health services, 16.4% dedicated to retail trade, and 14.0% in the fields of recreation, entertainment, arts, accommodation and food services. Shasta College is located 5 miles from Redding, and there are 3 high schools; the Central Valley High, Mountain Lakes High and Gateway Unified Community Day School.

Natural surroundings, population density and house value below the state average, makes Lake Shasta an interesting Real Estate Market to keep in mind.