Quick facts: Lost hills, CA

Quick Facts

127.6
Cost of Living
above US average
1,754
Population
68.42
Crime Rate per 1000
above US average
$41,250
Median Income
below US average
$116,000
Median House Price
above US average
$2400.0
Average Rent
above US average
22%
Poverty Rate
above US average
5.2%
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 $41,250.

🏠

Income Needed to Buy

βœ“ Affordable
$36k/year
Based on $116,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($41,250) exceeds requirement
🏒

Income Needed to Rent

⚠ Stretch
$103k/year
Based on $2400.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $103k vs median $41,250
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Lost hills, CA

Lost Hills is a small, unincorporated community located in Kern County, California, approximately 100 miles southwest of Bakersfield. Known for its agriculture, the area primarily focuses on farming and has a population of around 2,000 residents. The community is positioned near the intersection of California State Route 46 and Interstate 5, making it accessible for travelers and local commerce. Surrounded by vast fields and farmland, Lost Hills plays a crucial role in California's agricultural output, especially in the production of fruits, vegetables, and nuts. The town serves as a hub for seasonal agricultural workers, contributing to its diverse demographics. Despite its small size, Lost Hills offers a close-knit community atmosphere with basic amenities, including a few local shops and eateries. For outdoor enthusiasts, the region's proximity to the Sierra Nevada mountains provides opportunities for recreational activities such as hiking and camping. Visitors to Lost Hills can experience the charm of rural California while enjoying the tranquility of its scenic landscapes, making it a unique spot in the broader Kern County area.

πŸ” Search & Compare Places

First Location πŸ“