Quick facts: Shafter, CA

Quick Facts

127.6
Cost of Living
above US average
21,282
Population
26.97
Crime Rate per 1000
above US average
$66,418
Median Income
below US average
$465,000
Median House Price
above US average
$2385.74
Average Rent
above US average
20%
Poverty Rate
above US average
5.1%
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 $66,418.

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Income Needed to Buy

βœ— Stretch
$146k/year
Based on $465,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $146k vs median $66,418
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Income Needed to Rent

⚠ Stretch
$102k/year
Based on $2385.74/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $102k vs median $66,418
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Shafter, CA

Shafter is a small city located in Kern County, California, situated in the San Joaquin Valley. With a population of around 20,000 residents, it is known for its agricultural roots and strong community spirit. Founded in the early 1900s, Shafter has grown, primarily due to its strategic location near major highways and railroads, making it a vital hub for farming and logistics. The city is surrounded by vast fields of crops, including cotton, almonds, and grapes, reflecting the region's rich agricultural landscape. Shafter also boasts several parks and recreational facilities, making it a family-friendly community. One of its highlights is the Shafter Historical Museum, which showcases the city's history and development. Shafter hosts various events throughout the year that foster community engagement and celebrate local culture. The climate is characterized by hot summers and mild winters, typical of the Central Valley. Overall, Shafter offers a blend of rural charm and community-oriented living, making it a unique spot in California.

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