In general, this Northern California city reeks of high-end status, what with all of the vineyards, Silicon Valley and higher than average rental prices. There can only be one top dog in the elite rental community, though, and that award goes to whoever holds the lease on the Residence 2 Luxury unit in Rosewalk Apartment Homes, which rings in at $10,000 per month.
Situated in South San Jose
Found in the ultra-desirable Santa Clara Valley, the southern area of San Jose is amazing even if wine isn’t your thing. Simply put, it’s darn near impossible to surpass the incredible views and general ambiance of the neighborhood. And if you do like wine, well that’s just aces!
Not surprisingly, the area is also ideal for outdoorsy people, thanks to the preponderance of local parks. Almaden Quicksilver County Park is one such option, with 37 miles of hiking trails, 30 miles of equestrian trails and catch-and-release fishing, among many other available activities. Rosewalk is also super close to the popular Santa Clara County Fairgrounds, which hosts a bevy of concerts and other events all year long.
So, whether you’re into car shows or musical theater, the fairgrounds have got you covered. Bonus: The property is also a short jaunt over to the light rail, making the rest of San Jose easily accessible, as well, without ever having to crank your own ignition.
The unit itself
The Residence 2 Luxury unit at Rosewalk does a lot with its space. In total, the rental has two bedrooms and two full bathrooms within its 1,070 square feet. It also comes standard with oversized walk-in closets, a fireplace and fully-equipped kitchens with stainless steel appliances. The two porches/balconies make it easy to enjoy the breathtaking area views at any time of the day or night.
All the amenities
Why take a vacation when Rosewalk offers amazing amenities right at home? Residents and their guests relax happily at either of the two, resort-style lap pools, which feature expansive sundecks for extra Vitamin D.
There are also two hydro-spas for serious water therapy, perfect following a tough workout at the 24-hour state-of-the-art fitness center on-site. In addition, Rosewalk boasts a gorgeous outdoor pavilion, equipped with heaters for those cooler days and nights, plus two outdoor barbecues and even a pizza oven! Wash it all down thanks to the complimentary refreshment bar located in the clubhouse, which is stocked on the regular with gourmet coffee, bottled water, tea and hot cocoa.
Renters within the Rosewalk community also enjoy a few extra services unique to the property. First, each tenant can choose a complementary accent wall to add a bit of individual flair to the place. The community helps the renter to choose a color and location within the unit, then takes care of all of the actual work involved.
Rosewalk is also extremely pet-friendly, with treats in the clubhouse and waste stations scattered throughout the property to make walks as easy as possible. They don’t have any weight maximums, either, although there are some breed restrictions. One super cool twist: Any tenant who adopts a pet from a local shelter can be reimbursed by Rosewalk up to $250!
Another enviable service that Rosewalk provides is “Valet Waste,” which is a fancy way of saying that you can put your trash and recycling outside your front door and someone else will pick it up. Unlike your trash, this service does not stink. Also, if you head out of town just let management know. They’ll handle mail, packages and even water your plants if you want. Now that’s service!
What $10,000 can also get you
Sometimes it’s hard to visualize just how much $10,000 is worth. Here are some examples of what else that kind of coin can pay for:
Sure, some of those are more admirable ways to spend a pile of money than others, but they’re all pretty fun in their own ways. Just don’t eat all that chicken at once.
Other luxe units in the area
Perhaps Rosewalk is a little too much apartment (or rent) for you. There are other amazing luxury-level apartments available for rent in San Jose. Here are a few potential places:
Still too pricey for your purposes? There are plenty of other apartments to be had in San Jose that don’t require Apple executive-type pay grades.
The San Jose way
If luxury living in the tech capital of the world is what you’re after, there’s no better unit than this two-bedroom in Rosewalk. The floor plan is as elite as they come among all San Jose apartments, which is a good thing because, for $10,000 a month, it better be!
The rent information included in this article is accurate as of September 2021 and is used for illustrative purposes only. The data contained herein do not constitute financial advice or a pricing guarantee for any apartment.
A freelance writer based out of the Atlanta area, Alia has penned articles during her decade+ career for such sites as HowStuffWorks, TLC, Animal Planet, Zillow and many more. Her favorite things to write about include fitness, nutrition, travel, healthcare and general lifestyle topics. A graduate of the University of Georgia, Alia’s an avid Dawg, but she also loves reading, sewing, eating all things chocolate and playing sports with her husband, three boys and beloved border collie, Flash.
When it comes to affordability, Minnesota offers a diverse range of options for renters. While many flock to the state’s larger cities like Minneapolis or Saint Paul, there are numerous smaller towns and cities across the state that provide affordable living without sacrificing quality of life. Whether you’re attracted to the state’s natural beauty, reputed education system, or growing economy, there are plentiful opportunities to find affordable rental homes. Based on our methodology, the cheapest cities to rent in Minnesota are Albert Lea, Hibbing, Fergus Falls, Grand Rapids, and Willmar.
Albert Lea, MN
Albert Lea is a charming city with a population of around 17,804. With a median income of approximately $45,929 and median home values at $102,700, living here is reasonably affordable. The average two-bedroom rent is only $605 per month. Nestled between Albert Lea Lake and Myre Big Island State Park, residents will find plenty to appreciate outdoors. Plus, with the nearby Interstates 35 and 90, accessibility to other parts of the state is made easy.
Hibbing, MN
Hibbing, with a population of 15,923 and a median income of $47,030, is known for its rich history and natural scenery. The median home value in Hibbing is $111,900, making it an affordable option for many. The asking rent for a two-bedroom apartment hovers around $822. It is the birthplace of singer Bob Dylan, hosting the annual Dylan Days, and residents can enjoy the outdoors at the nearby Lake Irvin Park and Bennett Park.
Fergus Falls, MN
Fergus Falls, a city with a population of approximately 13,754, boasts of a median income of $42,659, with median home values standing at $142,700. Renters can find a two-bedroom house for around $850 per month. The nearby Interstate 94 makes commuting a breeze, while the town’s extensive parks and trails system, including the scenic Central Lakes Trail, provide ample outdoor recreation opportunities.
Grand Rapids, MN
Grand Rapids, a town of roughly 11,218 residents, has a median income of $48,247 and a median home value of $153,200. Renting a two-bedroom house here would cost approximately $800 per month. Known for its rich cultural history, Grand Rapids is the birthplace of actress Judy Garland, and its proximity to the Mississippi River and numerous lakes offer abundant recreational opportunities.
Willmar, MN
Lastly, Willmar, with a population of 19,728 and a median income of $51,884, offers a balance of affordability and amenities. The median home value is $140,800, and a two-bedroom rental averages $882 per month. Willmar Lake, Robbins Island Park, and the Eagle Creek Golf Club are just a few of the attractions that make Willmar a desirable place to live.
Methodology
The cheapest cities in each state were ranked based on its median home price and median asking rents for studio, one-, two-, and three-bedroom units. Prior to ranking, inputs were normalized, and weights were applied using a 1.25:1 ratio of asking rents to home prices. Data on home prices are from the U.S. Census 2016-2020 American Community Survey 5-year estimates. Data on asking rents are from Rent. Cities without data for one- or two-bedroom asking rents or a population of less than 10,000 were removed from this ranking. Any other missing values were zeroed and did not impact the final score.
North Carolina: Where affordability meets natural beauty
Containing the Great Smoky Mountains and plenty of other parks, the draw of North Carolina is both its natural beauty and the relaxed character of the cities that have sprung up within it. From mountains to coastlines, the cheapest places to live in North Carolina offer affordability in a variety of idyllic cities.
The cheapest places in North Carolina to live for renters
It’s nice to see that some of North Carolina’s most popular cities, for everyone from tourists to college students, offer affordable housing that’s even lower than the state’s average. If you long to live in the mountains, then you’re covered. And if you prefer Piedmont or Coastal Plains, you’re also good.
If it’s time to call the Tar Heel State home and you’ve got a tight budget, start your search here. These are the 10 cheapest places to live in North Carolina to check out.
Average 1-BR rent price: $1,359
Average rent change in the past year: -4%
Just north of Charlotte, the city of Mooresville is an up-and-coming suburban town with major ties to the racing community. It’s the home of the North Carolina Auto Racing Hall of Fame and earned itself the nickname of “Race City U.S.A.”
The dedication to all kinds of racing runs deep in Mooresville, but the town is about so much more. Residents enjoy easy access to picturesque Lake Norman, the largest man-made lake in North Carolina. You can explore over 520 miles of shoreline that stretches into four different counties.
Heading back into the main part of Mooresville, you’ll also find a small-town feel infused throughout each activity, restaurant and shop. The historic downtown district has that quaint feel many look for when moving out of a larger city.
One particularly unique draw is that Mooresville offers up more than one opportunity to get close to some exotic animals at both the Lazy 5 Ranch and Zootastic Park.
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9. Chapel Hill
Average 1-BR rent price: $1,794
Average rent change in the past year: -1%
The most well-known attraction in Chapel Hill is the University of North Carolina. Pride in the ‘Heels, the ever-dominant basketball team, is so heavy it’s easy to see why die-hards claim to “bleed blue.”
While you’ll find plenty of college students in the area and activities to occupy them, the city has much more to it. A social place, you’ll find regular road races and festivals celebrating everything from antiques to bluegrass music.
To hit the most happening spot in the city, check out Historic Franklin Street. Here you’ll find dozens of boutiques, nightspots and restaurants.
With miles of trails and a paved Riverwalk right through the center of town, there is a lot to explore by foot in Chapel Hill. Very family-friendly — Chapel Hill offers activities that include visiting the Kidzu Children’s Museum, the Coker Arboretum and the Carolina Basketball Museum.
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8. Apex
Photo source: Town of Apex / Facebook
Average 1-BR rent price: $1,349
Average rent change in the past year: -7%
With a relaxing, small-town atmosphere and the convenience of big-city amenities, Apex works to hold onto its character even as more and more residents join the community.
Get to know the city by taking a walking tour of the historic downtown area. Here you’ll see buildings that date back to the late 1800s — including The Union Depot, listed on the National Register of Historic Places.
Considered one of the most intact, turn-of-the-century railroad towns in the area, Apex takes its history seriously without ignoring the present day. Among the restored buildings you’ll find excellent antique shops and specialty stores — not to mention some highly-revered restaurants.
It’s not all railroads around here though. There’s a nice cultural center in Apex which includes multiple galleries, studio classrooms and a theater.
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7. Asheville
Average 1-BR rent price: $1,544
Average rent change in the past year: +6%
Heading into the mountainous, western part of the state, you’ll find Asheville. This perfect town has eateries and craft brew spots that will wow even the most discerning foodie. The downtown area is walkable enough that you can explore this cool city center on foot.
For a step into elegance and history, visit the Biltmore Estate. Walk the grounds, stay on-site for a night or take a more formal tour. It’s the perfect place to snag a one-of-a-kind piece of art to take home!
Catering to more active folks, the Blue Ridge Mountains offer up ideal locations for apple picking, hiking, biking and even ziplining. For those looking for a home with a vibrant arts scene, the Downtown Arts District of Asheville is full of galleries and museums.
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6. Greenville
Average 1-BR rent price: $915
Average rent change in the past year: -3%
Not too far from the Atlantic coast lies Greenville, a charming, historic city that manages to keep a foothold squarely in modern life.
An outdoor person’s Mecca with proximity to the ocean, local swamps, the Tar River waterway and the Greenville trail system — Greenville offers everything from boating to fishing to hiking and much more.
When it’s time to refuel, the area is also renowned for its barbecue and beer. The county puts on a “Brew & ‘Cue” tour that allows patrons to get their “PassPork” stamped at various locations.
Lovingly called the “Emerald City,” Greenville residents appreciate that their beautiful home is also a thriving cultural, economic and educational hub. It’s home to East Carolina University and the Uptown district, where live music, food and art reign supreme
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5. Winston-Salem
Average 1-BR rent price: $1,010
Average rent change in the past year: +5%
With a city so nice it earned itself a hyphen, Winston-Salem is one of the more well-known spots in North Carolina. Here you’ll find plenty of history, delicious food and of course, craft beer. There are multiple places to stop around town to sample the latest pour from local breweries.
Mild weather and friendly neighbors combine with a low cost of living to welcome residents to Winston-Salem. Drawing in mostly a younger crowd, thanks to nearby universities, you’ll find many young professionals and growing families. For those families interested in renting a house, the median home price rests at $260,000.
To get a solid dose of local history, visit Old Salem. This area pays homage to settlers from 1766 and is full of historic buildings, costumed interpreters and hands-on experiences.
For those looking for some natural beauty and great shopping, Reynolda Village provides both. Stroll through the gardens before popping into cute boutiques and delicious restaurants.
For exposure to the arts, walk Trade and Liberty streets downtown to see street art, murals and plenty of galleries.
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4. Burlington
Photo source: City of Burlington, NC / Facebook
Average 1-BR rent price: $1,087
Average rent change in the past year: -3%
Another North Carolina town that owes its existence to the railroad is Burlington. It only sprang up because the North Carolina Railroad needed a place to build, repair and maintain the tracks in the area. Still going strong today, Burlington mixes the old and the new to keep things interesting for residents.
A wealth of history combined with a passion for nature conservancy creates a community in Burlington unlike no other. With plenty of shopping and unique dining options — residents have plenty to enjoy in this city.
Visit the Conservators Center to wander through 45 acres of forested area and see over 70 large and small wild cats who call the area home. There’s also Cedarock Park, a 500-acre nature preserve that’s perfect for hiking, horseback riding and disc golf. This affordable area is rich in golf courses as well, making this town perfect for anyone looking to brush up on golf skills.
For the family, City Park offers a large playground and amusement park rides like a miniature train, carousel and airplane ride.
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3. Fayetteville
Average 1-BR rent price: $1,035
Average rent change in the past year: 0%
Just 65 miles south of Raleigh, the state’s capital, Fayetteville is an ideal commuter hub. Adjacent to Highway 95, you can easily go north to cities like Washington, D.C. and New York or take the southern route to Charleston, Orlando or Miami.
For those who want to keep it local, Fayetteville has a thriving downtown area with retail shops, restaurants and an impressive minor league baseball stadium.
You’ll also find an homage to the city’s rich history at the Airborne & Special Operations Museum and at the North Carolina Veterans Park. For some more natural beauty, make sure to stop into the Cape Fear Botanical Garden. The 80-acre site is only two miles from downtown.
Next door, you’ll also find Fort Bragg, one of the largest military installations in the world. Many military families stationed at Fort Bragg call Fayetteville home, giving it a reputation for being a community of ‘history, heroes and a hometown feeling.’
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2. Greensboro
Average 1-BR rent price: $1,117
Average rent change in the past year: +14%
Containing the trifecta of attractive qualities, Greensboro is a city with a lot of economic opportunities, affordable housing and an abundance of activity. This eastern North Carolina city has served as an important location in both the Revolutionary War and Civil War, so there’s no shortage of history around here.
For everyday living, Greensboro is a friendly and diverse community that’s perfect for foodies of every kind. Sample the many locally owned coffee shops or breweries alongside the variety of restaurants. Local farmers and native vineyards are big contributors to the menus around town.
A bit of a college town, you’ll find students attending a wide range of schools including the University of North Carolina at Greensboro, NC A&T State University, Bennett College, Guilford College, the North Carolina Zoo and Greensboro College.
Greensboro also plays host each year to the NCAA basketball tournament, bringing in even more college kids than those attending local schools.
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1. Carrboro
Average 1-BR rent price: $1,227
Average rent change in the past year: -5%
Known to have a progressive vibe, Carrboro is a small town packed full of flare. As far as affordable cities go, Carrboro is rich in offerings. You’ll find craft galleries, indie music venues, progressive theater and exhibitions and more. There’s no shortage of organic grocery stores, farm-to-table restaurants and artsy coffee shops.
Head to Main Street for most of the action around town, including the Carrboro Farmers’ Market featuring local artisans and crafts.
When all the art and culture of Carrboro pique your appetite, this little town has delicious offerings to fill your belly. From burgers to bistros, fine dining to pizzerias, you can eat a different cuisine each day of the week.
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The most expensive places to live in North Carolina
You’ve seen the cheapest places to live in North Carolina, but what about the other side? Fortunately, it’s not all bad. Even the most expensive cities in North Carolina offer up somewhat affordable housing.
Cities like Wake Forest and Garner, which top the list, still maintain an average rent for a one-bedroom of under $2,000 a month. Check out the chart to see where other North Carolina cities fit in.
Ranked City by 1-BR Average + Average Rent
1) Wake Forest: $1,846
2) Garner: $1,501
3) Indian Trail: $1,473
4) Cary: $1,380
5) Charlotte: $1,362
6) Huntersville: $1,341
7) Wilmington: $1,318
8) Concord: $1,294
9) Raleigh: $1,275
10) Morrisville: $1,270
Methodology
Rent prices are based on a rolling weighted average from Apartment Guide and Rent.’s multifamily rental property inventory as of November 2023. Our team uses a weighted average formula that more accurately represents price availability for each unit type and reduces the influence of seasonality on rent prices in specific markets.
We excluded cities with insufficient inventory from our cheapest places to live in North Carolina report.
The rent information included in this article is used for illustrative purposes only. The data contained herein do not constitute financial advice or a pricing guarantee for any apartment.
Looking to rent in a tight, competitive market or even a specific apartment community? A renter cover letter may not be required, but it could set you apart from the other potential candidates, increasing the odds that you’ll be the one signing that coveted lease.
Approaching the rental process as though you were vying for a coveted job — with a renter cover letter and resume — will leave a lasting positive impression and match the standards and criteria landlords have in place.
What to include
Much like the cover letter you’d send to a potential employer, a renter cover letter should showcase your best attributes for the landlord or property management company and let the decision makers know you’re the best choice among those presented, showcasing your professionalism and responsibility, two qualities landlords prize among tenants. It’s important to understand that a cover letter is supplemental to your required rental application, so only include information not listed in the application.
Property managers have a vested interest in choosing the most qualified applicants for their rental units, increasing the odds that the community rules will be adhered to, that the apartments will be well taken care of and that rent will be paid on time. Keep this in mind when writing your rental application cover letter, bragging and explaining your best qualities and attributes as a tenant is encouraged.
The Fair Housing Act prohibits landlords from discriminating against potential tenants on the basis of things such as race, religion, gender, disability, national origin and sexual orientation. However, they will pore over other criteria, including credit and employment history and the references they furnish, to make their decisions when filling vacancies with the ideal tenant.
If you have great credit and have been steadily employed, include it in your rental cover letter, along with things such as a positive rental history. Tell them who you are, but also who you aren’t. For example, if you’re applying with two other college students, you might be seen as irresponsible, inconsiderate or loud. Include in your cover letter — if it’s true — that you’re study-centric, not the type of people who would throw wild parties or play loud music. Showcasing hobbies that lend themselves to such traits like reading, gardening or volunteering for a local organization won’t hurt, either.
Renter cover letter template
Check out the below template as a baseline for your own renter cover letter, a foundation on which you can build. Simply fill in the information for sections in parentheses ( ), while the section in brackets [ ] is for your information, not to be included in the letter.
Download a Word document of the rent cover letter template
(Your Name) (Address) (City, State Zip)
(Date)
(Landlord or Property Manager Name) (Address) (City, State Zip)
Dear (Name of landlord or property manager),
My name is (Your name) and I have a keen interest in renting the apartment you have available at (Property name or address).
I currently live at (Your current address) and have lived there for (XX) years. I am looking for a new place to live because (reason for moving: closer to home, closer to family, downsizing, etc.). I find your (apartment community/available unit/rental home) particularly appealing because (list specifically why you want to live in this property).
[The next two paragraphs apply only to potential tenants who will be utilizing an assistance program; omit if not applicable.]
While my current monthly income is $(X,XXX), I have been approved for rental assistance through the (name of your program). This program is funded by and administered by (the organization funding the program). A brief fact sheet about the program is attached to this letter.
Per the plan, I will pay (XX percent) of my monthly adjusted income toward rent, enabling me to make rent, in full, each month with no problem. (Program name) pays the remainder of my rent each month.
I believe I’d be a wonderful addition to your rental community — and here’s why. I am employed at (Your employer) and have been working there for (XX) years. In my free time, I (list some interests here and other things about yourself. For instance: play on the company softball team, coach your daughter’s soccer team, volunteer at specific organizations and enjoy hiking and baking. My current neighbors will miss my banana bread when I make the move to your community!)
I am quiet and friendly, a good neighbor who always pays bills on time. Attached you will find my renter resume, along with several references from neighbors and co-workers, as well as staffers from my current rental community.
If you have any questions, please don’t hesitate to call or e-mail me at (Your phone number) or (Email address).
Thank you very much for considering my rental application. I look forward to hearing from you.
Sincerely,
(Signature)
(Printed name)
Have everything ready to go
In addition to having all your paperwork in order, be sure to show up to view the rental property and furnish these documents on time and dressed appropriately. Don’t be afraid to ask questions, or answer them. First impressions count!
With these tips, tricks and templates, you’re ready to write your rental application cover letter to successfully prove you’re an ideal tenant who will pay rent, take care of a rental unit and keep a steady income. Good luck and happy renting.
Connecticut, known for its coastal cities and rural areas dotted with small towns, is a state that offers a broad range of living experiences. From bustling urban centers to serene countryside, Connecticut provides various options for renters on a budget. While the state is often associated with wealth and high costs of living, particularly in areas such as Fairfield County and the Greater Hartford area, there are multiple cities in Connecticut where renters can find affordable housing. Based on our analysis, the five cheapest cities for renters are East Hartford, Waterbury, Bridgeport, Willimantic, and Bristol.
East Hartford, CT
Located on the eastern bank of the Connecticut River, East Hartford offers affordable living with a population of 50,036 and a surprisingly high median income of $59,954. A renter can find a 2-bedroom apartment with an asking rent of $1,312, quite affordable considering the city’s median home value of $168,300. East Hartford is home to many parks like Goodwin Park and Wickham Park, and is in close proximity to points of interest such as the Rentschler Field Stadium and the historic Main Street District.
Waterbury, CT
Waterbury, with a population of 107,841, is another affordable city in Connecticut. Despite a lower median income of $46,329, the city’s 2-bedroom asking rent is $1,250, which is quite reasonable. The city, known as “The Brass City” for its rich industrial past, offers a wealth of historic and cultural resources like the Mattatuck Museum and Palace Theater. Waterbury is also near the Naugatuck State Forest, providing ample opportunities for outdoor fun.
Bridgeport, CT
With a population of 145,014, Bridgeport is the largest city in Connecticut and one of the most affordable for renters. The city’s median income is $47,484, close to Waterbury, and the rent for a 2-bedroom apartment stands at $1,200. Filled with historical spots such as the Barnum Museum and beautiful seaside parks like Seaside Park and Pleasure Beach, Bridgeport offers a rich mixture of urban and outdoor delights.
Willimantic, CT
Willimantic is a smaller city of 18,669 residents nestled in Eastern Connecticut. Despite a lower median income of $35,630, the asking rent for a 2-bedroom apartment is $1,460, still within reach for many. Known for landmarks like the Willimantic Footbridge and the Mill Museum, the city carries a charm that’s distinctly New England.
Bristol, CT
Bristol, with a population of 60,039 and a median income of $68,485, offers a 2-bedroom apartment for a reasonable $1,410 rent. Home to the famous ESPN headquarters and the historic New England Carousel Museum, Bristol offers a blend of urban amenities and historic charm. This, coupled with easy access to beautiful parks like Rockwell Park, makes Bristol an affordable and desirable city for renters.
Methodology
The cheapest cities in each state were ranked based on its median home price and median asking rents for studio, one-, two-, and three-bedroom units. Prior to ranking, inputs were normalized, and weights were applied using a 1.25:1 ratio of asking rents to home prices. Data on home prices are from the U.S. Census 2016-2020 American Community Survey 5-year estimates. Data on asking rents are from Rent. Cities without data for one- or two-bedroom asking rents or a population of less than 10,000 were removed from this ranking. Any other missing values were zeroed and did not impact the final score.
The scorched remains of a World War II blimp hangar in Tustin are being razed as air quality officials call nearby asbestos levels “below any level of concern” while continuing to urge neighbors to take safety precautions.
The enormous wooden military relic went up in flames Nov. 7, showering ash and debris — later found to contain asbestos — on nearby residential neighborhoods.
The 17-story hangar smoldered for more than a week, and residents have struggled to get information about the fallout on air quality and airborne contaminants, including when debris will be removed from their properties. While the property is owned by the Navy, a mix of government agencies have been involved in the firefight and aftermath, including the Orange County Fire Authority and the South Coast Air Quality Management District.
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“Our biggest frustration overall is that there’s just nobody in charge,” nearby resident Jeff Lawrence told The Times.
Deconstruction of the hangar should be completed in the next day or two, Tustin officials said Saturday. Plans call for extinguishing all remaining hotspots of the fire, using heavy equipment excavators to remove debris and clearing roadways so water trucks can reach all areas of the hanger.
The trucks equipped with nozzles and hoses will be used for fire suppression and dust abatement throughout the process. The hangar doors and their supporting concrete pillars will be stabilized and left in place for the time being.
“Since monitoring began, all particulate matter from smoke and fire data at community sites are well below any level of concern,” the city said in a statement. “Asbestos sampling data received to date are also well below any levels of concern.”
Most schools in the area have been cleared for on-campus instruction attendance, but a few are still being inspected by asbestos consultants, the Tustin Unified School District said on its website Sunday.
Most public parks are open, but Centennial Park and Veterans Sports Park remain closed until further notice, parks officials said.
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The Orange County Healthcare Agency recommends people who believe their neighborhood has been affected by fire debris take such precautions as keeping doors and windows closed and not running air conditioning systems that draw in outside air. Avoid activities that will displace debris related to the fire, such as sweeping, leaf blowing, mowing and gardening.
Blocks of the city where bulk debris from the fire has been collected are shown a map on the city website.
Times staff writer Hannah Fry contributed to this report
For teenagers, life can often be full of confusing changes and unexpected choices. What may have seemed straightforward in childhood is now complex and challenging. Experiences such as developing relationships, contemplating the future, and deciding about education options or career paths are all part of the teenage experience. Even when we think we know what direction to take, our perspectives on these matters can shift quickly. Below are the top 20 truths for today’s young adults to give them some peace and assurance about all the decisions and change.
1. Take Your Time
Photo Credit: Shutterstock.
One user said, “It’s okay to not resolve something immediately. If someone doesn’t answer your text/WhatsApp/Facebook message, if you need to take some time to think if you want to join in that fun event, if you hear that phone ring and you miss it, If you’re not answering to a social media post, things aren’t going to blow up. Real life requires you to do one thing at a time, well or great, and not a million things.”
Another user replied, “Except important stuff…like finances…pay your bills RIGHT AWAY.”
2. You Will Get Behind Sometimes
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One user shared, “While school has a structure in place to prevent you from falling behind, real life doesn’t offer the same safety net.”
Another user replied, “I will also say that conversely some of the arbitrary deadlines in school don’t apply to the real world. In college, it was kind of teachers being overly lax or strict. In the real world, if something cannot get done, regardless of the time or resources you throw at it, then it won’t get done. Yeah, you may have upset a client, but most of the time, as long as you communicate these issues as soon as possible, clients understand. Of course, it doesn’t always play out that way, but the real world seems to recognize real issues better than school sometimes can.”
3. On Time Is Better Than Perfect
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“It’s better to finish something on time, even if it isn’t perfect, than not to finish it at all,” one user posted.
Another replied, “This is so true. I find this with young grads coming through at work. Smart young people and many/most become good at their jobs… But there seems to be a need for perfection and an expectation they will get the time to achieve it.
“Maybe every generation is like that when young, but I notice it a lot these days. Maybe I’m just getting old. To the list, I would add… you will need to deal with uncertainty. Not everything will be clear and have an excellent tidy answer.”
4. Don’t Always Trust Social Media
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One user shared, “Social media is harmful.”
Another user replied, “Yes, I’ve heard from friends about their teenage siblings falling for TikTok fake news almost as often as I hear baby boomers fall for Facebook fake news lol.”
5. 30 Is Not Old
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One Redditor stated, “30 is not old.”
Another user replied, “This. Too many people in their 30s and 40s act like they’re already practically in their graves.”
6. Expect Your First Job to Be Hard
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One user shared, “That your first job out of college is probably not going to be the cushy WFH jobs you see people have on TikTok. You’re probably going to have to grind for a bit.”
Another commenter added, “Also, you’re probably not going to make 500k doing computer science right after graduating.”
7. Get Advice From Experts
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“Your friends are idiots. They have just as much education as you. Take expert advice on what you want to know,” one user posted.
Another user replied, “I’m an older teen who legit doesn’t understand how you could think otherwise from this. I’ve seen teens say that older folks wouldn’t know what we’re dealing with, but that’s the opposite of the truth. They’ve already lived it and more. They would be the perfect ones to know what’s going on and give us advice. Just because we might not like what they say doesn’t mean they’re wrong. That seems like the most logical conclusion to me.”
8. Influencers Aren’t All That Unique
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One user shared, “When everyone thinks they’re an influencer, no one is an influencer.”
Another user commented, “I’m not in, nor do I pay attention to the numbers in social media posts. How many followers do you need actually to be an actual influencer? You can’t deny that people like Mr. Beast is an influencer out of the sheer amount of views he gets.”
9. You May Need to Compromise on Your Job
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“Very few people get to ‘do what they love for a living.’ Most adults have to compromise between what they want from life and what they want to give up to get it,” one Redditor posted.
10. Adult Life Is Challenging
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One commenter shared, “Unless your parents have money and are willing to support you, life is about to get a whole lot more difficult.”
Another user added, “The problem is not that you ‘can’t’ walk in and get a job. You can, but you should be aware of the fact that you can lose that job as fast as you call it since they do get tons of applications.
“I used to work at some restaurant that just handed out job applications to every teenager who came there. One of the servers was over 18, and she had been working there for a few years. And when she complained about something to the managers, they just told her that she could either stay and not complain or she could just leave.
“They had a lot of people who could replace her, but those managers should understand that this ton of people who could replace that loyal and great server will leave soon enough and won’t be as good as her. I’m pretty sure that everyone who started working there simultaneously didn’t last even a year. Most stayed for a few months, probably not even half a year.”
11. No One Cares About High School
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“No one cares what you did in high school,” one user shared.
Another user commented, “Jokes on you, after two concussions in my early 20s, I can’t even remember what I did in high school!”
Another user replied, “PREACH!”
12. Take Responsibility for Your Mental Health
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One Redditor posted, “That trauma, mental illness, gender identity, sexuality are not justifications for being a bad person. Your mental health may not be your fault, but it is your responsibility.”
Another user added, “Paying rent and buying groceries quickly humbles you. You’re not paying your bills because of your mental health? The landlord will not care.”
13. You Don’t Need Constant Relationships
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“Teen love is a glorified myth from shows and movies. You don’t need to seek relationships constantly. Just live your life,” one user shared.
Another user replied, “Most of my friends laugh in my face when I say that I’m not interested in it yet and say I’m lying, but I just wanna enjoy what’s left of my youth for as long as possible lol.”
14. Be Respectful of Others
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One user posted, “You need to remember that you can’t speak to people IRL the same way you do from your keyboard. You’ll get popped in the mouth.”
Another user commented, “I work with a teenager, and he was going for his license, and the person riding with him told him to go down a certain way. It turns out it was a wrong-way street or something, and he went down it, so he failed. The 16-year-old looked at him and said you’re an a-.
“I was like, you really didn’t say that, did you?! He said well yeah, I did because he was an a-. Kids are gonna have a hard time in the real world. It doesn’t help that he half-a- his job and expects to get paid more.”
15. People Don’t Care That Much
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“People don’t care about you nearly as much as you think. Be a good person, but do what makes you happy without stress because people don’t have you In their minds as soon as you turn the corner!” one user shared.
16. You Need to Adapt
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One Redditor posted, “You need to adapt to the world. Not expect that the world will adapt to you.”
Another user commented, “So much this. The world is not going to change for you. The world is not here to affirm you. You must affirm yourself and adjust your behaviours/develop coping skills to adapt to the world.”
17. School Is Not Useless
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One user shared, “Schools are not as useless as they think; they do have problems, but it’s been proven over time and time that education is one of the few ways to get out of poverty.”
Another user added, “The complaint that courses that you learn in school don’t ever apply. Like most math courses. They are there to teach you how to think; if you find a job that directly has you doing Matrices with linear algebra, good on you. Otherwise, you know how to approach things from different angles.”
18. Let Emotions Just Be Emotions
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“An emotion can be purely just an emotion, not a trigger, not depression and anxiety and not a reason to have a mental health crisis; sometimes it’s okay just to be sad!” one Redditor posted.
19. Don’t Pay Too Much for College
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One user shared his thoughts and posted, “You don’t need an EXPENSIVE college degree. A private school that makes you take out huge loans to afford it is really not necessary at all. It is unlikely to yield better results. Also, living on campus is massively overrated, and if you can continue to live for free at home, it’s usually a great idea.
“State schools are generally far cheaper and usually of very decent quality. Also, look into EVERY potential scholarship (both merit-based and need-based) you might qualify for. Please fill out the FAFSA every single year and do it early.
“If state college isn’t looking super affordable, maybe there are no scholarships you qualify for that would help out. There’s absolutely nothing wrong with going the community college route. Relative to 4-year schools, community colleges can be dirt cheap and often provide way more flexibility if you want to do school and work part-time.
“Then, after two years, if you want to continue your education and finish up at a 4-year school, you generally can. In most cases, the credits should transfer (especially if the community college and state college are part of the same system), and you get yourself a bachelor’s degree and only pay the sticker price for two years instead of 4.
“If you live in a state that hasn’t taken this seriously and hasn’t invested in affordable higher education options, consider moving to a state that has. Establishing residency to get in-state tuition rates may take a year or more, but this can be worth it in many circumstances.
“Where you got your degree matters less and less these days. The stigma of online degrees is even lessening to a large extent, especially since COVID.
“It’s straightforward to get caught in financial traps when it comes to school, but it’s possible to avoid them. You have to plan things out and stick to what’s realistic so that you know you can see through to the end. Don’t compare yourself to others. You’re running your race. You’re on your path.
“The trades can be great for many. But if you’re not the manual labor type, you may be much better off finding a cheap higher education solution rather than trying to fit a square peg into a round hole.”
20. You’re Not the Main Character
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One commenter shared, “You’re not always the main character.”
Another user replied, “You can go a little more in-depth with this, I think. You’re the main character of your own story. You just need to accept the fact that you’ll be an NPC to the vast majority of people you encounter.”
Another user commented, “Enjoy being the quirky NPC in everyone else’s story.”
Do you agree with the challenging truths that were listed above? Share your thoughts!
Source: Reddit.
Image Credit: Shutterstock – Denis Makarenko
Who is one actress you can never stand watching, no matter their role? After polling the internet, these were the top-voted actresses that people couldn’t stand watching.
10 Actresses People Despise Watching Regardless of Their Role
These 7 Celebrities Are Genuinely Good People
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We’ve all heard the famous adage that “no publicity is bad publicity,” and while it tends to be accurate, there are certainly exceptions. But what about those few stars who stay out of the limelight and get along without a hint of trouble?
These 7 Celebrities are Genuinely Good People
These 10 Activities Are an Immediate Red Flag
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Have you ever known someone and thought you liked them—until you learned about their hobbies? Then you get to know them and then you’re like, “Wow, red flag.” Well, you’re not alone.
These 10 Activities Are an Immediate Red Flag
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Some celebrities definitely seem to enjoy the limelight and keep working to stay in the public eye. While others quickly move out of the spotlight. Many of these actors and actresses stepped out of the spotlight to live a more private life without constant media pressures.
10 Celebrities That Made the Big Times Then Disappeared Off The Face of the Earth
Image Credit: Troma Entertainment
We’ve all been there – sitting through a movie that we can’t help but cringe at, but somehow it still manages to hold a special place in our hearts.
These 10 Terrible Movies Are Still People’s Favorites
Inside: Are you confused about the differences in types of income? This guide will help you understand earned income, passive income, and investment income, and their importance in achieving financial stability. Learn about the different tax implications for each type of income.
Understanding the differences in income types is a vital component of your financial literacy.
Earned, passive, and investment income all play a distinct role in your financial portfolio and tax liabilities.
These types of income are important to grow your wealth.
We will quickly answer the difference, provide examples, and understand the tax implications.
This post may contain affiliate links, which helps us to continue providing relevant content and we receive a small commission at no cost to you. As an Amazon Associate, I earn from qualifying purchases. Please read the full disclosure here.
What Is Earned Income?
Earned income is the money you actively work for. You trade your time for money.
This comes in the form of salaries and wages, where you receive a fixed amount of compensation for your role or job. It can also occur as hourly wages in part-time or contractual jobs.
Other forms include tips received in the service industry, bonuses for achieving specific goals, and self-employment income for freelancers, consultants, and small business owners. Any income that directly results from your personal efforts and active participation falls under earned income.
Typically, this is the most common form of income for most people.
Real Life Examples of Earned Income
A supermarket cashier receives an hourly wage.
A financial analyst is being paid for salary.
A freelance graphic designer receiving payment for a recently completed project.
A waitress at a restaurant receives a tip from a satisfied customer.
A real estate agent receives a commission on the sale of a house.
A sales manager at a car dealership receives a bonus for meeting sales targets.
A renowned author receiving an honorarium for delivering a keynote speech at a literature festival.
A hairstylist at a salon receives income from the haircuts and styling services provided.
A fitness coach generating income through personal training sessions.
Any side hustle income is typically earned income.
How Is Active Income Taxed?
Active income, also known as earned income, is subject to income tax at various rates as determined by the IRS’s current tax brackets. Seven tax brackets, ranging from 10% to 37%, are set for individual taxpayers. 1
The tax treatment is wholly dependent on where an individual’s income falls within these brackets. Your employer typically deducts this tax directly from your paycheck, reducing net take-home pay. It’s advisable to understand the tax implications of your earnings to avoid any surprises at tax time.
Use this tax calculator to know your taxes due.
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Role of Passive Income
Passive income refers to money earned that is not directly linked to active efforts or time spent, often described as income one can earn while sleeping, vacationing, or indulging in hobbies.
This kind of income usually demands some sort of initial investment, which could be financial, a substantial time commitment, ingenuity, or a mixture of all. For many, they invested 10k to get started. Examples include writing a book, creating a course, investing in real estate, or running an affiliate marketing program.
Despite the upfront work often required, passive income potentially provides a steady additional revenue stream and financial independence, making it an attractive prospect for many.
Common Forms of Passive Income
Dividends and interest income: Profits made from investments in stocks or bonds often involve receiving dividends or interest.
Rental income: This is earned from renting out property you own, like houses or apartments as a real estate rental.
Royalties: Income from allowing others to use your intellectual or creative properties, such as copyrighted books, music compositions, or patented inventions.
Capital gains: Profits from buying assets like stocks or property for a certain amount and selling them at a higher value.
Product or Course Sales: A small business owner receiving income from a product or sales that they created once and can resell.
Remember, there is still a level of effort involved in managing these streams, even though they are considered passive.
How Is Passive Income Taxed?
The tax liability of passive income can vary based on how the income is generated. 2
In general, how passive income is taxed depends on how the income is earned. The key note is you are not trading your time for money.
Some forms of passive income are subject to self-employment taxes, while others may be taxed at your regular income tax rate. For instance, net rental income, a form of passive income, may attract unique taxation rules.
However, the applicable tax rules can be complex. Therefore, it’s highly recommended to seek advice from a licensed tax professional when managing taxes for passive income.
Insights into Investment Income
Investment income is a distinct financial category mainly composed of profits resulting from various investments. This pathway consists of the strategic acquisition of assets with a prime focus on their long-term appreciation or regular income, potentially in the form of dividends or interest.
Unlike earned income which often demands a substantial time investment, and unlike passive income which may need initial setup, investment income principally necessitates strategic decision-making and periodic performance reviews.
The common form is learning how to invest in the stock market or real estate.
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Examples of Investment Income And Strategies
Dividends: Income received from owning shares of a company. A long-term investment strategy generally works best here.
Bond Interest: Income paid from bonds for lending money to entities. Risk-averse investors often lean towards bonds for steady income.
Capital Gains: Profits from selling investments at a higher price than their purchase. This needs a strategic understanding of market patterns.
Real Estate Investment Trusts (REITs): Income from investing in property-related assets. This strategy may provide steady cash flow with potential growth.
P2P Lending: Returns from lending money through online platforms. The ability to scale and diversify this investment depends on your risk tolerance.
Interest on savings accounts – Money earned on the balance held in your savings account.
All require a strategic approach, balancing risk and rewards, to drive income growth effectively.
Please note, that the successful generation of investment income often requires careful financial decision-making and strategic asset allocation.
Impact of Tax on Investment Income
Taxes on investment income include interest, dividends, and capital gains. However, the rate is usually lower than that for earned income.
Investment income is often taxed at a lower rate than earned income, however, the exact tax rates can depend on an individual’s tax bracket and the holding period of the investment.
In certain circumstances, Investment income can be subject to capital gains taxes, which apply if you sell a stock or other investment at a profit.
For some high-income individuals, Investment income may be subjected to the Net Investment Income Tax (NIIT). The NIIT is an additional 3.8% tax on certain investment income, such as interest, dividends, and capital gains.
Capital gains from the sale of assets (like real estate or a business) are often taxed at a lower rate compared to ordinary income.
Therefore, it’s important to consider these tax implications when shaping your investment strategies. Proper tax planning can help mitigate the impact of taxes on your investment income.
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Major Differences Between Active (Earned) and Passive Income
The primary differences between active (earned) income and passive income revolve around how they are earned and managed.
Active (earned) income requires active, day-to-day involvement in work. For example, a full-time job where you’re on the clock. It’s often less scalable due to time and energy constraints. Earned income is also more prone to risks like job loss or health issues that prevent work. Furthermore, in most regions, earned income tends to fall in higher tax brackets.
Conversely, passive income demands initial setup and some regular review but not daily oversight. Examples include earning royalties from a book you wrote or income from renting properties. This is more scalable because you aren’t exchanging time for money in the same way.
Advantages of Diversifying Your Income Sources
#1 – Achieving Financial Goals with Flexibility
Diversifying your income source adds flexibility to your personal finance strategy, helping you achieve your financial goals effectively. An income diversified across active, passive, and investment income can cushion against financial downturns whilst providing multiple avenues for wealth generation.
An unexpected job loss, for example, maybe less devastating when you have additional income streams to bank on, such as rental income or dividends, providing you with the flexibility to navigate financial bumps. It also allows you to explore unique investment opportunities without undue stress.
Consequently, a multi-faceted income model can be a stepping stone towards financial freedom.
#2 – Stable Financial Standing with Multiple Income Streams
Having multiple income streams provides a buffer that can significantly enhance your financial stability. “You’ll catch more fish with multiple lines in the water,” says Greg McBride, chief financial analyst at Bankrate. 4
If one income source dwindles or disappears, other income streams continue to provide essential financial flow. This duplication shields you from the full brunt of economic or occupational changes, ensuring you maintain your standard of living while working towards your financial goals. Thus, a diverse income portfolio lays a foundation of financial resilience and prosperity.
#3 – Tax Benefits and Deductions: Navigating the Complexities
Income diversification presents an opportunity to mitigate taxes through various benefits and deductions. Depending on your jurisdiction, you may be eligible for specific tax breaks or deductions on passive or investment income. For instance, certain expenses related to generating rental income may be deductible, or long-term capital gains might be taxed at a lower rate.
It’s also noteworthy that certain types of income like qualified dividends or long-term capital gains can offer potential tax advantages over regular income. While tax laws can be complex, a basic understanding of these concepts could be beneficial to reduce your tax obligations.
That said, always consider seeking the help of a tax professional to navigate these intricacies, especially with an S corporation or with a schedule C.
FAQ About Different Types of Income
Earned income and passive income are two distinctly sourced income channels. Earned income is money received as a direct result of work performed or services provided. This includes wages, salaries, tips, and self-employment income.
Passive income, on the other hand, is money earned without active, daily participation. Although it may require initial efforts to set up, its subsequent generation entails minimal direct input. The key difference between the two lies in the level and timing of involvement required to generate them. Passive income gives you more time freedom.
Portfolio income and passive income are often misunderstood as the same. However, the Internal Revenue Service (IRS) distinctly categorizes them. 3
While passive income generally refers to earnings gained without active involvement, portfolio income specifically relates to income derived from investments such as interest, dividends, or capital gains. Although both involve some lack of active participation, their origins, and tax implications are different.
No, investment income and earned income are not the same. The key difference lies in the source: one is actively earned by working, while the other is accrued through investing or letting money work for you.
The variance also manifests in their respective tax treatment by the IRS.
Earned income refers to wages, salaries, bonuses, and other income earned by providing a service or actively participating in a job or business.
On the other hand, investment income is generated from things like dividends, interest, and capital gains from the sale of financial assets such as stocks or bonds.
Diversification is the Key to Types of Income
Choosing the right income channel—earned, passive, or investment income—depends heavily on your financial goals, resources, risk tolerance, and time commitment.
Earned income may provide stable, regular income, but requires active participation.
Passive income, while enticing with its offer of money while you sleep, requires initial effort and savvy management.
Investment income may promise attractive returns, yet it can involve significant risk and demand financial acumen.
Diversifying your income streams could provide economic stability, flexibility, and potential tax benefits.
One wise woman, Teri Ijeoma, once stated, “It is better to make more money than you know what to do with rather than worry about how the taxes work.”
Remember, there’s no one-size-fits-all answer to financial prosperity, but understanding the nuances of various income types is a step in the right direction toward financial literacy and independence.
Now, let’s move to how to become financially independent.
Source
Internal Revenue Service. “IRS provides tax inflation adjustments for tax year 2024.” https://www.irs.gov/newsroom/irs-provides-tax-inflation-adjustments-for-tax-year-2024. Accessed November 20, 2023.
Internal Revenue Service. “Passive Activity and At-Risk Rules.” https://www.irs.gov/pub/irs-pdf/p925.pdf. Accessed November 20, 2023.
Internal Revenue Service. “Publication 550 (2022), Investment Income and Expenses.” https://www.irs.gov/publications/p550. Accessed November 20, 2023.
Bankrate. “23 passive income ideas to help you make money in 2023.” https://www.bankrate.com/investing/passive-income-ideas/. Accessed November 20, 2023.
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California, known for its sunny beaches, towering mountains, and bustling cities, also boasts a range of affordable towns and cities that are ideal for renters. While the state overall commands some of the highest living costs in the US, there are numerous pockets offering lower-than-average rent prices – a critical aspect for those looking to move. Our data analysis shows that Susanville, Twentynine Palms, Coalinga, Barstow, and Redding are the five cheapest cities to live in California for renters. These cities prove that it’s possible to enjoy the quintessential California lifestyle without breaking the bank.
Susanville, CA
Despite its small size, Susanville has all the makings of a great place to live. With a population of just under 15,000, it offers a quiet and peaceful setting for people seeking an escape from bustling urban centres. A two-bedroom unit in this city asks for around $800 per month in rent, a modest sum considering the quality of life offered. The median income here is about $47,685, making the cost of living quite manageable. Local attractions include the nearby Susanville Ranch Park and stunning views of the Sierra Nevada mountains.
Twentynine Palms, CA
Located in the desert region of San Bernardino County, Twentynine Palms offers a unique blend of affordability and scenic beauty. The city, with a population of around 26,748, has a median rent of $1,045 for a two-bedroom home. The local economy, which leans heavily on tourism and the presence of a Marine Corps base, provides a median income of $42,959. Residents can take advantage of the city’s proximity to Joshua Tree National Park and enjoy stunning stargazing opportunities.
Coalinga, CA
Coalinga serves as proof that affordability can still exist in California. The city offers a median income of $62,420 and a surprisingly low 2-bedroom asking rent of $1,375. The city is home to around 17,252 residents and offers a peaceful style of living. The vibrant downtown area, close to the scenic West Hills and Fresno County parks, has a lot to offer in terms of shopping, dining, and entertainment.
Barstow, CA
Located midway between Los Angeles and Las Vegas, Barstow is a city known for its rich history and natural charm. It’s a relatively small city, with approximately 23,547 residents, and offers an affordable lifestyle with a median 2-bedroom asking rent of $1,400. The median income stands at $42,912. The presence of the Mojave National Preserve nearby adds to the appeal of living in Barstow.
Redding, CA
With a population just over 92,000, Redding is a city that combines affordability with an enjoyable lifestyle. The median income in Redding is $56,098, and renters can expect to pay about $1,302 for a two-bedroom home. The city is nestled in the heart of California’s most stunning landscapes, including the nearby Shasta-Trinity National Forest. An array of hiking trails, water sports, and fishing opportunities makes Redding a great place for outdoor enthusiasts.
Methodology
The cheapest cities in each state were ranked based on its median home price and median asking rents for studio, one-, two-, and three-bedroom units. Prior to ranking, inputs were normalized, and weights were applied using a 1.25:1 ratio of asking rents to home prices. Data on home prices are from the U.S. Census 2016-2020 American Community Survey 5-year estimates. Data on asking rents are from Rent. Cities without data for one- or two-bedroom asking rents or a population of less than 10,000 were removed from this ranking. Any other missing values were zeroed and did not impact the final score.
Dave DeMattei and Patrick Wade, retail veterans for home and fashion giants including J. Crew, Coach, West Elm, Williams-Sonoma, Gap, Banana Republic and Lucky Brand, have opened their first home decor and accessories boutique, Mood Indigo, in La Jolla.
The Bird Rock store offers furniture, art, lighting, accessories, books, candles, tableware and gifts.
Mood Indigocarries brands and artisans including Casa Lopez Paris, Juliska, Tensira textiles, Monets Doggett pottery and more. Vintage art also is offered, along with vintage furniture and accessories.
DeMattei and Wade lived in New York City and throughout California before settling in La Jolla last year.
DeMattei answered questions from the La Jolla Light to provide more information about Mood Indigo.
Retail veterans Patrick Wade and Dave DeMattei founded Mood Indigo after moving to La Jolla last year.
(Andrew Petrich)
Q. When did the business start? What is its mission?
A. We signed our lease in June 2023 and opened Sept. 21. We have always wanted to have our own shop. We have been doing retail for many years for large businesses. … I have always been involved in the financial/operations side and Patrick has always been involved in the creative.
Our mission was threefold. One was to have a creative project that we could do together in retirement. Secondly, fulfill our lifelong vision of having our own business. And lastly, since we live two blocks away, was to invest in our neighborhood.
Q. What services do you offer?
A. The store offers a curated product assortment for the home. We are all about adding the finishing layers that make a house your home. We offer lighting, textiles (pillows and throws), unique art, tabletop and decor. Mood Indigo includes new items as well as vintage pieces that we have been collecting over the years. We offer friendly, knowledgeable service, free complementary design advice on your home, as well as design services.
Q. What makes you and/or your company unique compared with similar businesses?
A. We are a locally owned and operated business with nationally recognized experience. With our knowledge, we believe we offer a special understanding for the customer, whether it be a neighbor, tourist or designer.
Q. What’s new with the business that you want everyone to know about?
A. We proudly offer new and vintage products that we are well-curated, so it makes it easy to shop. We have a unique point of view that complements the casual coastal lifestyle.
Q. What are the advantages of living and working in La Jolla?
A. Since we live two blocks away, we can walk to work! But seriously, the beautiful environment, the friendly neighborhood, the wonderful weather and the casualness of the community are all advantages of being in La Jolla.
Mood Indigo is at 5670 La Jolla Blvd. Hours are noon to 5 p.m. Wednesdays through Sundays. To learn more, visit moodindigolajolla.com and follow on Instagram @mood.indigo.lajolla.
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