Quick facts: La puente, CA

Quick Facts

112.0
Cost of Living
above US average
36,636
Population
16.51
Crime Rate per 1000
below US average
$77,702
Median Income
below US average
$729,000
Median House Price
above US average
$2418.5
Average Rent
above US average
12%
Poverty Rate
above US average
5.9%
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 $77,702.

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Income Needed to Buy

βœ— Stretch
$229k/year
Based on $729,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $229k vs median $77,702
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Income Needed to Rent

⚠ Stretch
$104k/year
Based on $2418.5/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $104k vs median $77,702
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for La puente, CA

La Puente is a vibrant city located in Los Angeles County, California. Nestled in the San Gabriel Valley, it offers a mix of suburban living with close proximity to urban amenities. The city is characterized by a diverse population, with a rich Hispanic heritage that is reflected in its cultural events, cuisine, and community activities. La Puente is known for its family-friendly atmosphere, featuring several parks, recreational facilities, and schools. The city has a variety of shopping options, including local boutiques and larger retail centers. Popular attractions include the historic La Puente Park, which provides a space for outdoor activities and community events. Transportation is facilitated through major roads and highways, connecting residents to the greater Los Angeles area. The city is also close to major freeways, making it convenient for commuting. La Puente's location allows for easy access to nearby cities like Baldwin Park, West Covina, and Industry, as well as the vast opportunities offered by Los Angeles. Overall, La Puente combines a sense of community with the advantages of urban living, making it a desirable place for families and young professionals alike.

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