Located 18 miles inland and 30 miles northeast of San Diego, Escondido is a small town with a business-friendly environment. The city plan supports private investment and quality development. Currently, the Mercado project is revitalizing historic downtown Escondido and Centre City Parkway. Other city programs that encourage business include the Business Retention and Expansion Program (BREP) and the Facade and Property Improvement Program (FPIP). Escondido has invested over $855,000 in grant funds to improve the appearance of its businesses and their surrounding areas.
Escondido has been named the Best Place in the West to retire by Money Magazine. The city has also been named a “Kid-Friendly City” and recognized for its broad range of youth programs. The city was the only San Diego County city to be given a “Very Low-Cost City” rating by the 2003 Kosmont Cost of Doing Business Survey. The ranking is based on local business taxes, utility user taxes and property taxes. The rating recognizes Escondido as a city that fosters economic development and works to attract businesses.
The business center of Escondido is a compact group of commercial, retail, service and offices clustered around City Hall and the Arts Center. An official “Antique District” was completed in 1997. It is a tourist attraction encompassing 28 antiques, art and specialty shops. The district also includes several gourmet restaurants.
A $200,000 public art project is underway to embellish the Parkway’s shopping district. The landmark art pieces are the work of nationally-recognized glass artist Joan Irving. A 16-plex stadium seating movie theater is rising on the old Montgomery Ward site and the new Gateway Center, next to the transportation center, opened in March 2003. The Mingei International Museum satellite facility is nearing completion and will open later in 2003. The Escondido Research and Technology Center (ERTC) will add between 4,000 and 5,000 high-paying jobs for Escondido and surrounding area residents.
Like other North County cities, rapid urban growth is a concern to Escondido residents. Currently on the drawing boards are plans for higher density housing in its urban areas and an east-west light rail link to connect Escondido to Oceanside.
Other businesses that call Escondido home include the San Diego Zoo’s Wild Animal Park and Orfila Vineyards, both located southeast of downtown.
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Top Home Sales in Escondido
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Dwelling
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Street Address
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Zip
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Record Date
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Tax Value
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house
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1437 Paint Mountain Rd
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92029
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10/03/08
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$2,800,000
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house
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20426 Fortuna Del Sur
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92029
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08/18/09
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$1,810,000
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house
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720 Rawl Pl
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92025
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05/07/08
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$1,760,000
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house
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1087 Canyon Creek Pl
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92025
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02/04/08
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$1,439,000
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house
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19925 Fortuna del Este
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92029
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05/18/09
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$1,395,000
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house
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3449 Via Loma Vista
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92029
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06/02/09
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$1,389,000
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house
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1003 Laura Ln
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92025
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02/19/08
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$1,350,500
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house
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20260 Fortuna del Este
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92029
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09/16/09
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$1,325,000
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house
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29516 Welk Highland Dr
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92026
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10/23/08
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$1,225,000
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house
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20461 Fortuna del Sur
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92029
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06/18/08
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$1,216,000
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house
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9552 Welk View Ct
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92026
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10/02/09
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$1,200,000
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house
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20063 Elfin Forest Ln
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92029
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05/08/09
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$1,200,000
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house
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28820 Willow Park Rd
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92026
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10/08/08
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$1,200,000
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house
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20282 Elfin Forest Rd
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92029
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07/31/08
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$1,200,000
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house
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20214 Fortuna Del Este
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92029
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08/22/08
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$1,175,000
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house
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3769 Purer Rd
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92029
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09/02/08
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$1,165,000
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house
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2698 Vistamonte Gln
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92027
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01/04/08
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$1,130,000
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house
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14084 Summit Crests
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92025
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07/08/09
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$1,075,000
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house
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3635 Lago Serano
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92029
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06/04/08
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$1,075,000
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house
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14350 San Pasqual Way
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92025
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06/18/08
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$1,060,000
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house
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3239 Mary Ln
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92025
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10/08/08
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$1,025,000
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house
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2471 Canyon Creek
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92025
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10/10/08
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$1,025,000
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house
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3279 White Hawk Rd
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92027
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06/26/09
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$1,000,000
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house
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2518 Royal View Rd
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92027
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10/10/08
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$1,000,000
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house
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11595 Kaywood Ln
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92026
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08/14/08
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$1,000,000
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house
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9516 Welk View Ct
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92026
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02/01/08
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$1,000,000
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house
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3262 Walden Gln
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92027
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03/20/08
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$999,000
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house
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3359 Vista Norte
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92025
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08/21/08
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$990,000
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house
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9774 Crystal Ridge Dr
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92026
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05/07/08
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$990,000
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house
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2025 Lundy Lake Dr
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92029
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04/07/08
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$986,500
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Top 30 Employers in Escondido
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Company
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Industry
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Employees
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Escondido Union School District
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N/A
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2,000
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Escondido Union High School District
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N/A
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1,488
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Palomar Medical Center
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N/A
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1,468
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City of Escondido
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N/A
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1,220
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Bergelectric Corp.
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N/A
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850
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California Center for the Arts, Escondido
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N/A
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681
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Coronado Funding Group
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N/A
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500
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Von's Grocery Stores
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N/A
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430
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Nordstrom North County Fair No.364
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N/A
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414
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Superior Ready Mix, L.P.
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N/A
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375
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Heller Ford Mitsubishi Suzuki
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N/A
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315
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Palomar Family YMCA
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N/A
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310
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North County Times
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N/A
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250
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North County Bank
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N/A
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208
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ESI Electronic Component Systems
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N/A
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200
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Quality Chevrolet
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N/A
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145
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Toyota of Escondido Inc.
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N/A
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120
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Erickson-Hall Construction Co.
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N/A
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110
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Michael Crews Development
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N/A
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105
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MW Construction Inc.
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N/A
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96
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J. R. Filanc Construction Company Inc.
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N/A
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76
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Anthony-Taylor Consultants
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N/A
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61
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Simac Construction Inc.
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N/A
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45
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California Community Bank
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N/A
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40
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Ross Systems Inc.
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N/A
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30
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Bank of Escondido
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N/A
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26
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Palomar Savings & Loan
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N/A
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23
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Dependable Alarm Systems Inc.
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N/A
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20
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Executive Business Services, Inc.
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N/A
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20
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Glennie's Office Products Inc.
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N/A
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16
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NORTH COUNTY
SPOTLIGHTS
Carlsbad
Escondido - More Info
Neighboring Locales
- San Marcos
- Rancho Bernardo
- Valley Center
Oceanside
Poway
San Marcos
BUSINESS LISTINGS
CITIES
TROLLEY STOPS
ECONOMIC STATISTICS
ARTICLES
The Promise of Economic Growth for 2004
Expected population growth in Escondido
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Escondido
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2000:
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Total pop:
Hispanic pop:
Non-hispanic pop:
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133,559
51,693
81,866
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2010:
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Total pop:
Hispanic pop:
Non-hispanic pop:
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144,644
67,648
76,996
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2020:
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Total pop:
Hispanic pop:
Non-hispanic pop:
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159,560
87,590
71,970
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2030:
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Total pop:
Hispanic pop:
Non-hispanic pop:
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166,119
101,444
64,675
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Source
Sandag
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