Quick facts: Anaheim, CA

Quick Facts

127.6
Cost of Living
above US average
344,461
Population
27.35
Crime Rate per 1000
above US average
$88,538
Median Income
above US average
$490,000
Median House Price
above US average
$2796
Average Rent
above US average
12%
Poverty Rate
above US average
4.2%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $88,538.

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Income Needed to Buy

βœ— Stretch
$154k/year
Based on $490,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $154k vs median $88,538
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Income Needed to Rent

⚠ Stretch
$120k/year
Based on $2796/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $120k vs median $88,538
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Anaheim, CA

Anaheim, California, is a vibrant city located in Orange County, known primarily for its tourism and entertainment attractions. It is home to Disneyland Resort, a world-renowned theme park that draws millions of visitors each year. The park is complemented by the Anaheim Convention Center, which hosts various events, trade shows, and conventions, further contributing to the city's economy. In addition to theme parks, Anaheim boasts a rich cultural scene with numerous museums, theaters, and performing arts venues. The city has a diverse population and a variety of dining options that reflect its cultural diversity. Outdoor enthusiasts can enjoy beautiful parks, gardens, and the nearby Santa Ana River. Anaheim is also home to the Los Angeles Angels of Major League Baseball and the Anaheim Ducks of the NHL, adding to its appeal for sports fans. With beautiful weather year-round and a strong community spirit, Anaheim is not just a destination for visitors but also a great place to live, with family-friendly neighborhoods and good schools. The city effectively combines leisure, culture, and community, making it a unique Southern California hub.

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