Quick facts: Freedom, CA

Quick Facts

127.6
Cost of Living
above US average
3,360
Population
22.32
Crime Rate per 1000
below US average
$123,224
Median Income
above US average
$789,500
Median House Price
above US average
$4195.0
Average Rent
above US average
10%
Poverty Rate
below US average
5.1%
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 $123,224.

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Income Needed to Buy

βœ— Stretch
$248k/year
Based on $789,500 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $248k vs median $123,224
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Income Needed to Rent

⚠ Stretch
$180k/year
Based on $4195.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $180k vs median $123,224
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Freedom, CA

Freedom is an unincorporated community located in Santa Cruz County, California. Situated near the northern edge of the picturesque Monterey Bay, Freedom is characterized by its rural charm and agricultural backdrop, making it a unique spot in the often busy coastal region. The community is primarily residential, with a blend of farms and small businesses that reflect its agricultural roots. One of the defining features of Freedom is its proximity to larger cities like Watsonville and Santa Cruz, allowing residents to enjoy a quieter lifestyle while still having access to urban amenities. The area is known for its warm, Mediterranean climate, which is ideal for agriculture, particularly for berry farming, which is prominent in the nearby Watsonville area. Freedom is home to several parks and recreational areas, making it appealing for outdoor enthusiasts. Local events often celebrate the rich agricultural heritage of the community, providing a sense of community and a connection to local farmers. Overall, Freedom offers a unique blend of rural life with access to the beautiful California coast and the cultural offerings of nearby cities.

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