Quick facts: Lompoc, CA

Quick Facts

127.6
Cost of Living
above US average
43,736
Population
31.23
Crime Rate per 1000
above US average
$66,947
Median Income
below US average
$599,900
Median House Price
above US average
$2491.41
Average Rent
above US average
12%
Poverty Rate
above 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 $66,947.

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Income Needed to Buy

βœ— Stretch
$188k/year
Based on $599,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $188k vs median $66,947
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Income Needed to Rent

⚠ Stretch
$107k/year
Based on $2491.41/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $107k vs median $66,947
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Lompoc, CA

Lompoc is a charming city located in Santa Barbara County, California, known for its beautiful landscapes and rich agricultural heritage. Nestled in a valley surrounded by the coastal mountains and Pacific Ocean, it features a pleasant Mediterranean climate, making it ideal for outdoor activities and exploration. The city is well-known for its vibrant flower fields and is often referred to as the "City of Arts and Flowers." Lompoc's downtown area boasts a variety of colorful murals that celebrate its history and culture, providing a unique backdrop for locals and visitors alike. Outdoor enthusiasts can enjoy nearby attractions such as Vandenberg Space Force Base, where rocket launches are a captivating spectacle, and the Lompoc Wine Grape Alliance, which showcases the region’s burgeoning wine industry. Lompoc is also home to several parks and recreational areas, including the popular La Purisima Mission State Historic Park, highlighting its historical significance. Overall, Lompoc offers a blend of cultural experiences, natural beauty, and community spirit, making it a delightful destination in California’s Central Coast region.

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