Quick facts: Laguna niguel, CA

Quick Facts

127.6
Cost of Living
above US average
63,742
Population
10.23
Crime Rate per 1000
below US average
$135,822
Median Income
above US average
$1,681,358
Median House Price
above US average
$2796
Average Rent
above US average
6%
Poverty Rate
below US average
3.9%
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 $135,822.

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Income Needed to Buy

βœ— Stretch
$527k/year
Based on $1,681,358 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $527k vs median $135,822
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Income Needed to Rent

βœ“ Affordable
$120k/year
Based on $2796/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($135,822) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Laguna niguel, CA

Laguna Niguel is a picturesque city situated in southern Orange County, California. Known for its stunning coastal view and affluent neighborhoods, Laguna Niguel offers a blend of suburban living and natural beauty. The city is characterized by rolling hills, scenic parks, and well-maintained landscapes, providing residents and visitors with ample outdoor activities. The area boasts proximity to the Pacific Ocean, with nearby beaches such as Laguna Beach and Dana Point offering recreational opportunities for swimming, surfing, and sunbathing. The city is also home to several parks, including the popular Laguna Niguel Regional Park, which features lakes, picnic areas, and nature trails. Laguna Niguel is recognized for its family-friendly atmosphere, with excellent schools, shopping centers, and dining options. The vibrant community hosts various events and festivals throughout the year, further enriching its cultural landscape. With its desirable climate, beautiful scenery, and strong sense of community, Laguna Niguel stands out as a prime location for both residents and visitors alike.

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