Quick facts: Roseville, CA

Quick Facts

125.3
Cost of Living
above US average
154,817
Population
22.17
Crime Rate per 1000
below US average
$112,265
Median Income
above US average
$750,000
Median House Price
above US average
$2245.63
Average Rent
above US average
8%
Poverty Rate
below US average
4.1%
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 $112,265.

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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 $112,265
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Income Needed to Rent

βœ“ Affordable
$96k/year
Based on $2245.63/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($112,265) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Roseville, CA

Roseville, located in Placer County, California, is a vibrant city nestled just northeast of Sacramento. Known for its family-friendly atmosphere, Roseville has a diverse population of approximately 140,000 residents. The city boasts a rich history dating back to the mid-1800s when it served as a transportation hub for the Central Pacific Railroad. Today, Roseville is recognized for its robust economy and thriving retail sector, with the Westfield Galleria at Roseville being a major shopping destination. In addition to shopping, the city offers a variety of dining options and recreational parks, such as Maidu Regional Park and the Roseville Aquatic Complex, making it ideal for outdoor enthusiasts. An excellent school system, numerous community events, and proximity to the scenic Sierra Nevada foothills enhance the quality of life for residents. With its burgeoning tech industry and a strong focus on community development, Roseville combines suburban charm with urban conveniences, making it an appealing place to live, work, and play.

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