As promised at the first meeting of its Community Partnership Committee on Aug. 10, San Marcos has established a Workforce Housing Task Force to address the city’s rising home prices.
According to the release from the city, median family income in San Marcos is $46,736, while the median price of homes and condos sold last year was $200,200. If a family spends one-third of its income on housing, that means that half the households in San Marcos cannot buy a house that costs more than $154,000.
The Workforce Housing Task Force has 20 members, and its meetings will be open to the public. The first meeting will take place on Sept. 13 from noon-2 p.m. in Room 3 at the San Marcos Activity Center, located at 510 E. Hopkins, San Marcos.