Quick facts: Santa clarita, CA

Quick Facts

127.6
Cost of Living
above US average
221,345
Population
10.63
Crime Rate per 1000
below US average
$116,186
Median Income
above US average
$808,500
Median House Price
above US average
$2796
Average Rent
above US average
8%
Poverty Rate
below US average
5.7%
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 $116,186.

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Income Needed to Buy

βœ— Stretch
$254k/year
Based on $808,500 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $254k vs median $116,186
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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 $116,186
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Santa clarita, CA

Santa Clarita, located in northern Los Angeles County, California, is a vibrant city known for its family-friendly atmosphere and outdoor recreational opportunities. Established in 1987, it is one of the largest cities in the county and integrates multiple communities, including Valencia, Newhall, and Canyon Country. The city's highlight is the vast open spaces and parks, such as the scenic Santa Clarita Valley, which is perfect for hiking, biking, and horseback riding. One of its prominent attractions is Six Flags Magic Mountain, a famous amusement park featuring thrilling rides and attractions that draw visitors from all over. Santa Clarita also boasts a strong economy, with a mix of retail, technology, and service-oriented businesses serving its growing population. The city places a strong emphasis on education and community programs, contributing to a high quality of life. Additionally, a rich cultural scene, including art galleries and festivals, enhances its appeal. With its close proximity to Los Angeles, Santa Clarita offers residents the quiet charm of suburban living while being just a short drive away from the urban excitement of the big city.

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