Quick facts: San gabriel, CA

Quick Facts

127.6
Cost of Living
above US average
38,140
Population
21.39
Crime Rate per 1000
below US average
$84,056
Median Income
above US average
$1,026,301
Median House Price
above US average
$2796
Average Rent
above US average
9%
Poverty Rate
below US average
4.4%
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 $84,056.

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Income Needed to Buy

βœ— Stretch
$322k/year
Based on $1,026,301 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $322k vs median $84,056
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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 $84,056
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for San gabriel, CA

San Gabriel is a vibrant city located in Los Angeles County, California. Nestled at the base of the San Gabriel Mountains, it is renowned for its rich history, encompassing Spanish and Chinese influences, evident in its architecture and cultural landmarks. The city, with a population of approximately 40,000, features a blend of residential, commercial, and historical areas. San Gabriel's centerpiece is the San Gabriel Mission, founded in 1771, which is one of the oldest of the California missions. The city also boasts numerous parks, like Vincent Lugo Park and Smith Park, offering recreational opportunities for families and outdoor enthusiasts. The San Gabriel Valley is known for its diverse culinary scene, with a focus on Asian cuisine, making it a popular destination for food lovers. The city is well-connected by major highways, providing convenient access to greater Los Angeles and nearby attractions such as Pasadena and Downtown LA. With its strong sense of community, diverse population, and rich history, San Gabriel is a charming city that reflects the cultural tapestry of Southern California.

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