Quick facts: Los gatos, CA

Quick Facts

165.4
Cost of Living
above US average
32,402
Population
13.36
Crime Rate per 1000
below US average
$198,117
Median Income
above US average
$2,788,000
Median House Price
above US average
$8130.0
Average Rent
above US average
4%
Poverty Rate
below US average
4.0%
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 $198,117.

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Income Needed to Buy

βœ— Stretch
$875k/year
Based on $2,788,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $875k vs median $198,117
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Income Needed to Rent

⚠ Stretch
$348k/year
Based on $8130.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $348k vs median $198,117
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Los gatos, CA

Los Gatos is a charming town located in Santa Clara County, California, nestled in the foothills of the Santa Cruz Mountains. This picturesque suburb is known for its beautiful scenery, historic architecture, and vibrant downtown area. With a population of approximately 30,000 residents, it offers a close-knit community vibe while still being in proximity to the bustling tech hubs of Silicon Valley. The town features a mix of upscale boutiques, restaurants, and cafes, catering to diverse tastes. The Los Gatos Creek Trail provides residents and visitors with opportunities for walking, biking, and enjoying the outdoors, while the nearby parks and open spaces, such as Vasona Lake County Park, enhance the area's natural beauty. Los Gatos is also recognized for its highly-rated schools and family-friendly environment, making it an attractive location for families. The town hosts various events throughout the year, including art and wine festivals, contributing to its vibrant community spirit. With its blend of natural beauty, suburban charm, and proximity to large urban areas, Los Gatos offers a unique and appealing lifestyle.

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