Real Estate
How Much Income Do You Need to Afford a Home in Southern California Cities?
Take a look at this eye-popping chart—see where you can, and cannot, afford a house.
The cost of buying a home in California has gone through the roof again, now that prices have recovered from the housing bust.
What does that mean, exactly? In many communities, you’ll need a Google-sized income in order to qualify for a fixed rate, 30 year mortgage on a median priced home, assuming a 20 percent down payment.
Looking for a new house? Check out the homes for sale on Patch’s local real estate map
Find out what's happening in Laguna Beachwith free, real-time updates from Patch.
But income requirements vary dramatically. Take a look at the chart to see what you can afford here. And then click on the other links to see how much income you’ll need to buy a home in other parts of California.
Find out what's happening in Laguna Beachwith free, real-time updates from Patch.
City..........................Home Price.............Income
Agoura Hills.....................$771,100..................$152,000
Aliso Viejo........................$492,925...................$98,000
Altadena..........................$661,400...................$131,000
Arcadia.............................$992,000...................$196,000
Artesia..............................$458,300....................$91,000
Baldwin Park....................$310,150...................$61,000
Banning............................$186,000....................$37,000
Beaumont........................$247,000....................$49,000
Beverly Hills.....................$2,200,000.................$435,000
Calabasas.........................$1,052,500.................$208,000
Carlsbad...........................$661,250...................$131,000
Carmel Valley...................$883,700...................$175,000
Century City......................$922,700....................$183,000
Cerritos.............................$592,750....................$117,000
Chatsworth.......................$535,600....................$105,000
Claremont.........................$576,000.....................$114,000
Coronado..........................$1,446,800..................$286,000
Culver City.........................$511,000......................$101,000
Dana Point.........................$790,400 ....................$156,000
Del Mar...............................$2,037,800..................$403,000
Diamond Bar.....................$575,000.....................$114,000
Eagle Rock..........................$657,400.....................$130,000
Echo Park...........................$596,900....................$118,000
Encinitas.............................$828,000.....................$164,000
Encino.................................$731,000.....................$145,000
Fountain Valley..................$598,000.....................$118,000
Glendora............................$490,000....................$97,000
Hermosa Beach................$1,322,600................$265,000
Highland Park...................$532,500...................$105,000
Hollywood.........................$647,600....................$128,000
Imperial Beach..................$378,500....................$74,000
La Canada Flintridge........$1,457,600..................$288,000
La Crescenta.....................$681,700.....................$135,000
La Jolla...............................$1,562,300..................$308,000
La Mesa..............................$397,000....................$79,000
La Verne.............................$554,000....................$110,000
Laguna Beach...................$1,404,400..................$278,000
Laguna Niguel...................$712,000....................$141,000
Lake Elsinore.....................$276,000....................$55,000
Lake Forest........................$532,000....................$105,000
Loma Linda.......................$370,100.....................$73,000
Lemon Grove....................$344,200.....................$68,000
Long Beach.......................$440,000.....................$87,000
Los Alamitos.....................$797,600.....................$157,000
Los Angeles......................$539,000......................$107,000
Lynwood...........................$300,000......................$59,000
Malibu...............................$2,512,600...................$497,000
Manhattan Beach............$1,700,000...................$336,000
Marina Del Rey................$569,000.......................$113,000
Mission Viejo...................$588,000.......................$116,000
Monrovia..........................$545,000.......................$108,000
Montrose..........................$592,700.......................$117,000
Mt. Washington................$607,900......................$120,000
Murrieta............................$338,000......................$67,000
Newport Beach................$1,367,000....................$270,000
North Hollywood.............$474,900.......................$94,000
Northridge........................$591,800.......................$117,000
Oceanside..........................$406,000.......................$80,000
Pacific Palisades................$2,462,800....................$388,000
Palm Desert.......................$306,000.......................$60,000
Palos Verdes......................$1,452,200....................$288,000
Pasadena............................$606,000.......................$120,000
Poway..................................$561,000.......................$111,000
Ramona...............................$437,400.....................$88,000
Rancho Bernardo...............$530,800.....................$105,000
Rancho Santa Margarita....$469,000....................$93,000
Redlands..............................$310,000....................$61,000
Redondo Beach...................$769,000....................$152,000
San Clemente.......................$784,000....................$155,000
San Juan Capistrano............$586,000....................$116,000
San Marino...........................$1,872,400.................$370,000
Santa Monica.......................$1,293,000..................$256,000
Santee...................................$391,000.....................$77,000
Sherman Oaks.....................$489,800.....................$97,000
Sierra Madre........................$863,400.....................$171,000
Silver Lake............................$821,300.....................$163,000
South Gate...........................$332,000.....................$66,000
South Pasadena..................$862,400.....................$171,000
Studio City...........................$951,200.....................$189,000
Tarzana................................$656,400.....................$130,000
Temecula.............................$362,000.....................$72,000
Toluca Lake.........................$736,600.....................$146,000
Venice..................................$1,307,600..................$258,000
Walnut.................................$740,400.....................$147,000
West Hollywood.................$636,000.....................$126,000
Westwood...........................$927,600.....................$183,000
Wildomar............................$325,000.....................$64,000
Woodland Hills...................$702,400.....................$139,000
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