Quick facts: Ceres, CA

Quick Facts

110.2
Cost of Living
above US average
48,988
Population
28.31
Crime Rate per 1000
above US average
$70,191
Median Income
below US average
$425,000
Median House Price
above US average
$1783.33
Average Rent
above US average
12%
Poverty Rate
above US average
8.2%
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 $70,191.

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Income Needed to Buy

βœ— Stretch
$133k/year
Based on $425,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $133k vs median $70,191
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Income Needed to Rent

⚠ Stretch
$76k/year
Based on $1783.33/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $76k vs median $70,191
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Ceres, CA

Ceres is a charming city located in Stanislaus County, California, with a population of around 50,000 residents. Situated in the heart of the San Joaquin Valley, Ceres is known for its agricultural roots, with a landscape dotted by farms and orchards, especially almond and fruit groves. The city enjoys a Mediterranean climate, characterized by hot, dry summers and mild, wet winters, making it conducive for farming and outdoor activities. Ceres offers a mix of suburban living with proximity to larger urban areas, including Modesto, which is just a short drive away. The community features several local parks, recreational facilities, and a variety of shopping and dining options, benefiting families and residents alike. The historic downtown area showcases charming architecture and local businesses, adding to the city's character. Ceres is also well connected by major highways, allowing for easy access to surrounding cities and attractions in Central California, including the scenic Sierra Nevada mountains and picturesque Bay Area. The city fosters a strong sense of community, hosting various events and festivals throughout the year, making it a welcoming place to live and visit.

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