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The City of Orange is located in Orange County, California. It is approximately 3 miles north of the County seat in Santa Ana, California, and approximately 32 miles southeast of Los Angeles. Orange is unique in that many of the homes in its Old Town District were built prior to 1920; whereas many other cities demolished those houses in the 1960s, Orange decided to preserve them.
As of the census of 2000, there were 128,821 people, 40,930 households, and 30,165 families residing in the City. The population density is 5,506.4/mi². There were 41,904 housing units at an average density of 1,791.2/mi².
The racial makeup of the City is 56.6% White, 1.60% African American, 0.78% Native American, 9.32% Asian, 0.23% Pacific Islander, 13.82% from other races, and 3.75% from two or more races. 32.16% of the population are Hispanic or Latino of any race.
There are 40,930 households out of which 37.1% have children under the age of 18 living with them, 57.1% are married couples living together, 11.6% have a female householder with no husband present, and 26.3% are non-families. 19.5% of all households are made up of individuals and 6.6% have someone living alone who is 65 years of age or older. The average household size is 3.02 and the average family size is 3.43.
The population is spread out with 26.7% under the age of 18, 9.9% from 18 to 24, 33.3% from 25 to 44, 20.5% from 45 to 64, and 9.6% who are 65 years of age or older. The median age is 33 years. For every 100 females there are 100.8 males. For every 100 females age 18 and over, there are 98.7 males.
The median income for a household in the City is $58,994, and the median income for a family is $64,573. Males have a median income of $42,144 versus $34,159 for females. The per capita income for the City is $24,294. 10.0% of the population and 6.8% of families are below the poverty line. Out of the total population, 12.5% of those under the age of 18 and 7.5% of those 65 and older are living below the poverty line.
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 Retirement advice and news - CNNMoney.com
Why you should be buying stocks now - 15 hours ago
When new clients come to me, I ask them a few questions about risk. One is "What would you do if the value of your stocks fell by 50%?"
Don't judge an adviser by his title - 2 days ago
When you are fearful about the safety of your money, you tend to be more vulnerable to unscrupulous salespeople posing as trustworthy advisers. So a recent crackdown on dubious retirement credentials couldn't have come at a better time.
Help for mounting 401(k) losses - 12 days ago
Question: I'm retired and my 401(k) has lost approximately 35% over the past year. My financial adviser tells me to stay the course, but the losses keep mounting. What should I do? -Dale Marcos, Lafayette, Indiana
How high earners can grab a Roth IRA - 5 days ago
Paul Heck owns EveryHome, A successful real estate brokerage in suburban Philadelphia. The 53-year-old never considered making a Roth IRA part of his retirement plan. While Heck understands the substantial tax advantages of a Roth, he makes too much money to qualify. Recently, however, he got a tip from his financial planner about an upcoming change in the tax law that will allow Heck - and many other business owners - to seize a back-door opportunity to open a Roth.
Your 401(k) match at stake - 11 days ago
As the faltering economy forces companies to cut back, employee perks are among the first things to go. And along with free coffee in the break room, the next thing your employer might axe is its contribution to your retirement savings plan. About 58% of companies in the U.S. offered employees a 401(k) match as of last year according to Watson Wyatt, a benefits consulting firm. But for cash strapped companies, reducing or eliminating the retirement contribution may be one way to cut back on costs during hard economic times. Frontier Airlines already announced that it was suspending its matching contributions to 401(k) plans earlier this year. Struggling automakers General Motors and Ford, as well as Dollar Thrifty Automotive Group and real estate firm Cushman & Wakefield also announced they would no longer be offering employer matches. |
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Recent transactions in the Orange Reverse Mortgage market:
$512,450 cash out Orange Reverse Mortgage
$139,230 HECM Orange Reverse Mortgage
$625 monthly payments Orange Reverse Mortgage
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