Quick facts: South lake tahoe, CA

Quick Facts

127.6
Cost of Living
above US average
21,175
Population
26.45
Crime Rate per 1000
above US average
$67,686
Median Income
below US average
$625,000
Median House Price
above US average
$4046.89
Average Rent
above US average
10%
Poverty Rate
below US average
6.1%
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 $67,686.

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Income Needed to Buy

βœ— Stretch
$196k/year
Based on $625,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $196k vs median $67,686
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Income Needed to Rent

⚠ Stretch
$173k/year
Based on $4046.89/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $173k vs median $67,686
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for South lake tahoe, CA

South Lake Tahoe, located in California, is a stunning resort city nestled in the Sierra Nevada mountains, bordering the picturesque Lake Tahoe. Known for its breathtaking natural beauty, South Lake Tahoe offers a wide range of outdoor activities year-round, including skiing and snowboarding in the winter and hiking, boating, and fishing in the summer. The area is home to several popular ski resorts, including Heavenly Mountain Resort, which provides exceptional slopes and panoramic views of the lake. In addition to winter sports, visitors can enjoy numerous hiking trails, such as the scenic Mount Tallac and Eagle Lake trails. South Lake Tahoe's vibrant atmosphere comes alive with various dining options, shops, and entertainment venues. The city also features numerous parks, beaches, and scenic spots like Cave Rock and Emerald Bay State Park, perfect for sightseeing and photography. As a hub for outdoor enthusiasts, South Lake Tahoe attracts visitors seeking adventure, relaxation, and stunning scenery, making it a prime destination in California’s tourism landscape. The blend of recreation, natural beauty, and inviting community makes South Lake Tahoe a unique and attractive getaway.

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