Quick facts: La mesa, CA

Quick Facts

127.6
Cost of Living
above US average
60,360
Population
19.48
Crime Rate per 1000
below US average
$83,649
Median Income
above US average
$750,000
Median House Price
above US average
$2861.54
Average Rent
above US average
10%
Poverty Rate
below US average
4.3%
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 $83,649.

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Income Needed to Buy

βœ— Stretch
$235k/year
Based on $750,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $235k vs median $83,649
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Income Needed to Rent

⚠ Stretch
$123k/year
Based on $2861.54/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $123k vs median $83,649
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for La mesa, CA

La Mesa is a charming city located in San Diego County, California. Nestled in the foothills of Mount Helix, it offers residents and visitors a blend of suburban and urban living, characterized by its friendly atmosphere and rich history. Known for its beautiful parks, La Mesa features the popular Lake Murray and Mission Trails Regional Park, which provide opportunities for outdoor activities like hiking, biking, and picnicking. The city's downtown area, often referred to as the "Jewel of the Hills," boasts a variety of shops, restaurants, and cafes, showcasing a vibrant community spirit. La Mesa is also home to several annual events, including the La Mesa Oktoberfest and the weekly Farmers Market, which foster a sense of community. Culturally diverse, La Mesa offers a mix of residential neighborhoods, schools, and local businesses while being conveniently located just a short drive from downtown San Diego. Its strategic location provides easy access to major highways, making it an attractive option for those commuting to nearby cities or enjoying the coastal lifestyle. Overall, La Mesa is a delightful place to live or visit, with its scenic views and welcoming community.

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