Quick facts: Glendale, CA

Quick Facts

115.2
Cost of Living
above US average
189,221
Population
18.76
Crime Rate per 1000
below US average
$81,219
Median Income
above US average
$1,650,000
Median House Price
above US average
$3412.08
Average Rent
above US average
11%
Poverty Rate
above US average
5.7%
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 $81,219.

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Income Needed to Buy

βœ— Stretch
$518k/year
Based on $1,650,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $518k vs median $81,219
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Income Needed to Rent

⚠ Stretch
$146k/year
Based on $3412.08/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $146k vs median $81,219
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Glendale, CA

Glendale, California, is a vibrant city located in Los Angeles County, northeast of downtown Los Angeles. Known for its diverse community, Glendale offers a mix of suburban charm and urban amenities. The city is home to a range of shops, restaurants, and entertainment venues, including the popular Americana at Brand and the Glendale Galleria, two major shopping and dining destinations. Glendale boasts a rich cultural scene, evident in its numerous parks, museums, and events. The city hosts the annual Glendale International Film Festival and offers access to the beautiful Verdugo Mountains for hiking and outdoor activities. It's also home to the historic Alex Theatre, which features various performances and events throughout the year. With a strong public school system and several higher education institutions nearby, Glendale is an attractive location for families and individuals alike. The city's strategic location provides easy access to downtown Los Angeles and other key areas, making it an ideal spot for commuters. Its blend of cultural diversity, recreational opportunities, and urban conveniences makes Glendale a sought-after place to live and visit.

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