Quick facts: Moraga, CA

Quick Facts

127.6
Cost of Living
above US average
17,692
Population
1.41
Crime Rate per 1000
below US average
$151,250
Median Income
above US average
$1,595,000
Median House Price
above US average
$3793.75
Average Rent
above US average
1%
Poverty Rate
below US average
3.0%
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 $151,250.

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Income Needed to Buy

βœ— Stretch
$500k/year
Based on $1,595,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $500k vs median $151,250
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Income Needed to Rent

⚠ Stretch
$163k/year
Based on $3793.75/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $163k vs median $151,250
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Moraga, CA

Moraga is a charming suburban town located in Contra Costa County, California, nestled in the East Bay region. This small community, with a population of around 16,000, is known for its picturesque hills, verdant landscapes, and a friendly atmosphere. Moraga is primarily residential, offering a serene environment that contrasts with the hustle and bustle of nearby cities like Oakland and San Francisco. The town features a variety of parks, including the popular Moraga Commons Park, which hosts community events and provides recreational facilities. The area's rich history is reflected in sites like the historic Moraga Adobe, one of the oldest structures in the region. Housing in Moraga tends to be more affordable than in some of its neighboring cities, making it an attractive option for families and professionals alike. The town is served by highly-rated schools, which contribute to its appeal for families with children. Outdoor enthusiasts will appreciate the ample hiking and biking trails in the nearby hills, and the beautiful scenery makes Moraga a great place for nature lovers. With its proximity to urban amenities and a strong sense of community, Moraga offers a balanced lifestyle in the East Bay region.

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