Quick facts: Glendora, CA

Quick Facts

127.6
Cost of Living
above US average
50,824
Population
32.7
Crime Rate per 1000
above US average
$106,718
Median Income
above US average
$775,000
Median House Price
above US average
$3224.45
Average Rent
above US average
10%
Poverty Rate
below US average
5.2%
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 $106,718.

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Income Needed to Buy

βœ— Stretch
$243k/year
Based on $775,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $243k vs median $106,718
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Income Needed to Rent

⚠ Stretch
$138k/year
Based on $3224.45/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $138k vs median $106,718
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Glendora, CA

Glendora, located in Los Angeles County, California, is a charming city known for its picturesque landscapes, historic architecture, and a strong sense of community. Nestled at the base of the San Gabriel Mountains, Glendora offers a blend of suburban comfort and accessibility to outdoor adventures, making it an attractive place for families and outdoor enthusiasts alike. The city's downtown area features a mix of boutique shops, restaurants, and local businesses, fostering a vibrant local economy. Glendora is home to several parks and recreational facilities, including the popular Glendora Mountain Road, which provides scenic views and hiking trails for all skill levels. Education is a priority in Glendora, with a well-regarded school district and easy access to higher education institutions nearby. The city's rich history can be explored through various landmarks, such as the historic Glendora Village and the Glendora Public Library. With its welcoming atmosphere and community-oriented events, Glendora stands out as a desirable location to live, work, and play in Southern California.

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