Quick facts: Culver city, CA

Quick Facts

135.0
Cost of Living
above US average
39,515
Population
46.31
Crime Rate per 1000
above US average
$114,429
Median Income
above US average
$675,000
Median House Price
above US average
$4019.71
Average Rent
above US average
9%
Poverty Rate
below US average
5.8%
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 $114,429.

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Income Needed to Buy

βœ— Stretch
$212k/year
Based on $675,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $212k vs median $114,429
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Income Needed to Rent

⚠ Stretch
$172k/year
Based on $4019.71/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $172k vs median $114,429
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Culver city, CA

Culver City, California, is a vibrant city located in the heart of Los Angeles County. Known for its rich history in the film and television industry, Culver City is home to several historic studios, including Sony Pictures Entertainment, which continues to influence the creative landscape of the area. The city has a charming downtown area filled with trendy shops, restaurants, and entertainment options, offering a mix of old and new architecture. Visitors can explore the Culver City Arts District, renowned for its galleries and public art installations, as well as enjoy recreational spaces like the Culver City Park and Baldwin Hills Scenic Overlook, providing stunning views of the surrounding area. Culver City is also strategically located, providing easy access to major freeways and proximity to other Los Angeles landmarks, making it a desirable area for both residents and tourists. With a diverse community, bustling nightlife, and a strong sense of local pride, Culver City continues to evolve while retaining its unique character and charm.

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