Quick facts: Grenada, CA

Quick Facts

127.6
Cost of Living
above US average
230
Population
65.22
Crime Rate per 1000
above US average
$47,083
Median Income
below US average
$525,000
Median House Price
above US average
$2796
Average Rent
above US average
10%
Poverty Rate
below 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 $47,083.

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Income Needed to Buy

βœ— Stretch
$165k/year
Based on $525,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $165k vs median $47,083
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Income Needed to Rent

⚠ Stretch
$120k/year
Based on $2796/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $120k vs median $47,083
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Grenada, CA

Grenada is a small town located in Siskiyou County, California. Nestled in the scenic landscapes of Northern California, it sits at an elevation of about 3,538 feet, offering residents and visitors stunning views of the surrounding mountains and the nearby Shasta Valley. The town is close to the infamous Mt. Shasta, a popular destination for outdoor enthusiasts, providing opportunities for skiing, snowboarding, hiking, and fishing. Grenada boasts a tight-knit community and a quiet, rural lifestyle, making it an ideal spot for those looking to escape the hustle and bustle of larger cities. The population is small, with a classic small-town ambiance that includes local shops and eateries. The region's natural beauty attracts nature lovers and photographers alike, with diverse wildlife and picturesque landscapes. For those interested in history, Grenada has roots that date back to the late 19th century, contributing to its unique character. Overall, Grenada is a peaceful retreat, perfect for outdoor activities and enjoying the beauty of the northern California landscape.

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