Quick facts: Laguna hills, CA

Quick Facts

127.6
Cost of Living
above US average
30,568
Population
14.36
Crime Rate per 1000
below US average
$122,902
Median Income
above US average
$1,488,500
Median House Price
above US average
$2796
Average Rent
above US average
5%
Poverty Rate
below US average
3.9%
Unemployment Rate
below 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 $122,902.

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Income Needed to Buy

βœ— Stretch
$467k/year
Based on $1,488,500 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $467k vs median $122,902
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Income Needed to Rent

βœ“ Affordable
$120k/year
Based on $2796/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($122,902) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Laguna hills, CA

Laguna Hills is a picturesque city located in Orange County, California. Nestled between the scenic hills and close to the Pacific coastline, it offers a blend of suburban charm and natural beauty. The city is primarily residential, known for its family-friendly atmosphere, making it an ideal place for raising children. Laguna Hills boasts beautiful parks, including the popular Laguna Hills Community Center and Park, which provides recreational facilities, sports fields, and picnic areas. The city's close proximity to the stunning Laguna Beach, which is just a short drive away, allows residents to enjoy a vibrant beach culture, complete with art galleries, restaurants, and outdoor activities. The economy of Laguna Hills is diverse, with retail and services playing a prominent role. Shopping centers and local businesses provide a range of options for residents. Education is also a priority, with several highly-rated schools serving the community. Additionally, Laguna Hills is conveniently located near major freeways, making commuting to nearby cities like Irvine and Santa Ana easy. With its beautiful scenery, welcoming community, and ample amenities, Laguna Hills stands out as an attractive place to live in Southern California.

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