Quick facts: Miramonte, CA

Quick Facts

127.6
Cost of Living
above US average
200
Population
75.0
Crime Rate per 1000
above US average
$60,000
Median Income
below US average
$255,900
Median House Price
above US average
$2796
Average Rent
above US average
10%
Poverty Rate
below US average
5.0%
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 $60,000.

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Income Needed to Buy

βœ— Stretch
$80k/year
Based on $255,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $80k vs median $60,000
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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 $60,000
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Miramonte, CA

Miramonte is a small unincorporated community located in Tulare County, California. Nestled in the foothills of the Sierra Nevada, it offers a serene and picturesque atmosphere, surrounded by lush landscapes and beautiful mountain vistas. The area is primarily residential, with a tight-knit community that values its rural charm. Miramonte is situated near the entrance to Sequoia National Park, making it an ideal gateway for outdoor enthusiasts who wish to explore the park’s stunning giant sequoias, hiking trails, and stunning natural beauty. The community has a few local amenities, including dining options and shops, catering primarily to the residents and visiting travelers. The climate in Miramonte is characterized by warm summers and mild winters, which allows for a variety of outdoor activities throughout the year. The area's natural surroundings foster opportunities for hiking, camping, and wildlife viewing. Overall, Miramonte provides a peaceful escape from urban life, attracting those looking for a tranquil and nature-filled lifestyle.

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