Quick facts: June lake, CA

Quick Facts

127.6
Cost of Living
above US average
302
Population
Crime rate Data is updating, will be available soon
$108,239
Median Income
above US average
$279,000
Median House Price
above US average
$2796
Average Rent
above US average
Poverty rate Data is updating, will be available soon
3.5%
Unemployment Rate
below 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 $108,239.

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Income Needed to Buy

βœ“ Affordable
$88k/year
Based on $279,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($108,239) exceeds requirement
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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 $108,239
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for June lake, CA

June Lake is a picturesque community located in Eastern California's Mono County, nestled in the Sierra Nevada mountains. Famous for its stunning natural beauty, it sits at an elevation of about 7,600 feet and is surrounded by majestic peaks and picturesque lakes. The area is primarily known for outdoor recreation, attracting visitors year-round for activities like hiking, fishing, kayaking, and skiing in the nearby Mammoth Mountain Ski Area. The June Lake Loop, a scenic drive, offers breathtaking views and access to several lakes, including June Lake, Gull Lake, and Silver Lake, each providing opportunities for water sports, picnicking, and camping. The picturesque alpine scenery, coupled with the vibrant fall colors and winter snow, makes it a popular destination for photographers and nature lovers alike. With a small population, June Lake boasts a cozy, small-town feel. The local culture is vibrant, reflected in its charming shops, eateries, and annual events like the June Lake Christmas Festival. Overall, June Lake is a hidden gem for those seeking tranquility and outdoor adventure in a stunning alpine setting.

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