Quick facts: Mountain ranch, CA

Quick Facts

127.6
Cost of Living
above US average
293
Population
68.26
Crime Rate per 1000
above US average
$153,231
Median Income
above US average
$295,000
Median House Price
above US average
$2796
Average Rent
above US average
5%
Poverty Rate
below US average
4.5%
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 $153,231.

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Income Needed to Buy

βœ“ Affordable
$93k/year
Based on $295,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($153,231) exceeds requirement
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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 ($153,231) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Mountain ranch, CA

Mountain Ranch is a charming, unincorporated community located in Calaveras County, California. Nestled in the Sierra Nevada foothills, this picturesque area boasts a rich history and a close-knit community feel. Mountain Ranch is surrounded by stunning natural beauty, with access to numerous outdoor activities such as hiking, fishing, and hunting. The elevation of around 2,400 feet offers a mild climate, characterized by warm summers and cool winters. The community is known for its rural atmosphere, featuring a mix of residential homes, ranches, and beautiful landscapes filled with oak trees and rolling hills. Local amenities include small shops, restaurants, and a community center that hosts local events and gatherings. Nearby attractions include the celebrated Calaveras Big Trees State Park, famous for its giant sequoias, and the charming town of Murphy's, known for its wineries, shops, and historic sites. Living in Mountain Ranch offers residents a peaceful retreat while still being within reach of larger urban areas such as Sacramento or Stockton for those seeking more urban amenities.

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