Quick facts: San bernardino, CA

Quick Facts

127.6
Cost of Living
above US average
220,328
Population
54.53
Crime Rate per 1000
above US average
$61,323
Median Income
below US average
$225,000
Median House Price
above US average
$2323.33
Average Rent
above US average
23%
Poverty Rate
above US average
6.4%
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 $61,323.

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Income Needed to Buy

βœ— Stretch
$71k/year
Based on $225,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $71k vs median $61,323
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Income Needed to Rent

⚠ Stretch
$100k/year
Based on $2323.33/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $100k vs median $61,323
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for San bernardino, CA

San Bernardino, located in Southern California, is the county seat of San Bernardino County. With a rich history dating back to its founding in 1810, San Bernardino has grown into a vibrant city known for its diverse population and scenic landscapes. The city is nestled at the base of the San Bernardino Mountains, offering residents and visitors access to outdoor recreational activities such as hiking, biking, and skiing in nearby resorts. San Bernardino is a hub for transportation, with major highways like the I-10 and I-215 running through it, connecting it to Los Angeles and other neighboring cities. The city is also home to multiple educational institutions, including California State University, San Bernardino, enhancing its reputation as an educational center. Culturally, San Bernardino hosts a range of festivals and events, reflecting its diverse community, including the annual San Bernardino International Film Festival. Additionally, its rich historical sites, parks, and the nearby San Manuel Amphitheater provide a plethora of entertainment options. Overall, San Bernardino offers a blend of urban convenience and natural beauty, making it a unique place to live and visit.

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