Quick facts: Chula vista, CA

Quick Facts

115.3
Cost of Living
above US average
279,170
Population
17.04
Crime Rate per 1000
below US average
$101,984
Median Income
above US average
$686,900
Median House Price
above US average
$2802.51
Average Rent
above US average
12%
Poverty Rate
above US average
4.8%
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 $101,984.

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Income Needed to Buy

βœ— Stretch
$215k/year
Based on $686,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $215k vs median $101,984
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Income Needed to Rent

⚠ Stretch
$120k/year
Based on $2802.51/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $120k vs median $101,984
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Chula vista, CA

Chula Vista, located in California, is a vibrant city in San Diego County, just 7 miles from the Mexican border. Known for its picturesque waterfront along the San Diego Bay, Chula Vista offers a blend of natural beauty and urban amenities. The city covers 52 square miles and boasts a diverse population, with a rich cultural heritage that reflects its proximity to Mexico. Chula Vista is home to several parks and recreational areas, including the expansive Chula Vista Bayfront Park and the scenic Otay Valley Regional Park, which features trails for hiking and biking. The city also hosts events such as the annual Chula Vista Lemon Festival, celebrating its agricultural roots. The economy is robust, with a mix of retail, manufacturing, and technology sectors. Residents enjoy a Mediterranean climate, characterized by warm, dry summers and mild, wet winters. With its strong community spirit, excellent educational institutions, and easy access to San Diego’s attractions, Chula Vista is an appealing place to live, work, and play. The city's commitment to sustainability and quality of life continues to attract new residents and businesses alike.

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