Located right at the junction of the Sacramento and San Joaquin rivers, Pittsburg has a positive attitude toward growth. The 2000 census found that approximately 57,000 people were living in the 15.6 square-mile town. That same census found that the median household income in 2000 was $50,557, and the average home price was $165,100. Relative to the rest of the Bay Area real estate prices, Pittsburg has some of the most affordable real estate in the area, but prices are starting to rise.
Median home prices for a single family home or condominium increased by 16.7% between February 2005 and 2006. In 2005 the average Pittsburg home sales price was $420,584 and by February 2006 that number was rose to $490,971.
The plethora of and easy access to shopping, freeways, and the outdoors as well as other recreational diversions, in addition to the excellent school system, make Pittsburg an attractive place to invest in residential real estate. The city's high school has a graduation rate of about 80%, and the students enjoy the low student-teacher ratio of 1:20.
As stated on the city's website: “From a struggling settlement to an industrial center, Pittsburg has grown into a pleasant community of landscaped parks, recreational facilities, shopping centers, affordable housing and planned business and commercial development.” Pittsburg is starting to become yet another refuge for people looking to escape the hectic life of Oakland, San Jose, San Francisco, and Silicon Valley.
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Located right at the junction of the Sacramento and San Joaquin rivers, Pittsburg has a positive attitude toward growth. The 2000 census found that approximately 57,000 people were living in the 15.6 square-mile town. That same census found that the median household income in 2000 was $50,557, and the average home price was $165,100. Relative to the rest of the Bay Area real estate prices, Pittsburg has some of the most affordable real estate in the area, but prices are starting to rise.
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