Quick facts: Escondido, CA

Quick Facts

115.3
Cost of Living
above US average
150,270
Population
19.41
Crime Rate per 1000
below US average
$77,554
Median Income
below US average
$699,990
Median House Price
above US average
$2963.25
Average Rent
above US average
10%
Poverty Rate
below US average
4.4%
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 $77,554.

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Income Needed to Buy

βœ— Stretch
$220k/year
Based on $699,990 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $220k vs median $77,554
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Income Needed to Rent

⚠ Stretch
$127k/year
Based on $2963.25/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $127k vs median $77,554
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Escondido, CA

Escondido, located in northern San Diego County, California, is a vibrant city known for its rich history and diverse community. Nestled in a valley surrounded by rolling hills, Escondido translates to "hidden" in Spanish, reflecting its scenic landscapes. The city boasts a population of around 150,000 residents and a warm Mediterranean climate, making it a desirable place to live and visit year-round. Escondido is home to several attractions, including the San Diego Zoo Safari Park, which offers a unique experience with exotic animals and expansive habitats. The city's downtown area features a mix of historic architecture, shops, and restaurants, providing a charming atmosphere for residents and visitors alike. Arts and culture thrive in Escondido, with venues like the California Center for the Arts hosting performances, exhibitions, and various events throughout the year. The area is also rich in outdoor activities, with numerous parks, hiking trails, and nearby Lake Hodges offering opportunities for recreation. Overall, Escondido is a dynamic city that blends natural beauty with cultural richness, making it a unique destination within the San Diego region.

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