Quick facts: Fontana, CA

Quick Facts

127.6
Cost of Living
above US average
212,475
Population
18.08
Crime Rate per 1000
below US average
$93,230
Median Income
above US average
$590,000
Median House Price
above US average
$3320.28
Average Rent
above US average
13%
Poverty Rate
above US average
5.0%
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 $93,230.

🏠

Income Needed to Buy

βœ— Stretch
$185k/year
Based on $590,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $185k vs median $93,230
🏒

Income Needed to Rent

⚠ Stretch
$142k/year
Based on $3320.28/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $142k vs median $93,230
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Fontana, CA

Fontana is a vibrant city located in San Bernardino County, California, approximately 50 miles east of downtown Los Angeles. With a rich history dating back to its establishment in the 1910s, Fontana has transformed from a primarily agricultural community into a bustling urban center. The city boasts a diverse population, reflecting the multicultural fabric of Southern California. Fontana is known for its numerous parks, recreational facilities, and community events, making it an attractive place for families. The Auto Club Speedway, a prominent feature of the city, hosts various motorsport events, including NASCAR races, drawing racing enthusiasts from across the region. The city is also home to a growing economy, with key sectors including manufacturing, retail, and logistics. Fontana's strategic location offers excellent transportation access, including major highways and the nearby San Bernardino International Airport. With a commitment to community development and a focus on enhancing the quality of life for its residents, Fontana has seen significant investments in infrastructure and public services, creating a dynamic environment for both living and working.

πŸ” Search & Compare Places

First Location πŸ“