Quick facts: Inglewood, CA

Quick Facts

127.6
Cost of Living
above US average
103,621
Population
28.95
Crime Rate per 1000
above US average
$67,563
Median Income
below US average
$1,099,999
Median House Price
above US average
$2678.45
Average Rent
above US average
18%
Poverty Rate
above US average
6.8%
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 $67,563.

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Income Needed to Buy

βœ— Stretch
$345k/year
Based on $1,099,999 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $345k vs median $67,563
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Income Needed to Rent

⚠ Stretch
$115k/year
Based on $2678.45/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $115k vs median $67,563
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Inglewood, CA

Inglewood, located in Los Angeles County, California, is a vibrant city known for its rich cultural diversity and dynamic community. Situated just 10 miles southwest of downtown Los Angeles, Inglewood serves as a hub for entertainment and sports, most notably home to the SoFi Stadium, which hosts the Los Angeles Rams and Los Angeles Chargers of the NFL, as well as concerts and events. The city has a mix of residential, commercial, and recreational areas, with several parks and green spaces, including Edward Vincent Jr. Park and Centinela Adobe. Inglewood features a variety of dining options, from local eateries to international cuisines, reflecting its cultural mosaic. The Inglewood Farmers Market is a popular spot for fresh produce and local goods. Additionally, Inglewood's transportation options include access to the Metro Rail system, making it convenient for residents and visitors to explore the greater Los Angeles area. The city's ongoing revitalization efforts indicate a bright future, with developments aimed at enhancing the quality of life for its residents.

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