Quick facts: San marcos, CA

Quick Facts

138.4
Cost of Living
above US average
94,854
Population
12.13
Crime Rate per 1000
below US average
$99,413
Median Income
above US average
$745,000
Median House Price
above US average
$3340.83
Average Rent
above US average
9%
Poverty Rate
below US average
4.7%
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 $99,413.

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Income Needed to Buy

βœ— Stretch
$234k/year
Based on $745,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $234k vs median $99,413
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Income Needed to Rent

⚠ Stretch
$143k/year
Based on $3340.83/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $143k vs median $99,413
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for San marcos, CA

San Marcos, California, is a vibrant city located in San Diego County, known for its stunning landscapes and welcoming community. Situated approximately 30 miles north of downtown San Diego, San Marcos offers a blend of residential, commercial, and recreational spaces, making it an ideal place to live and work. The city is characterized by its picturesque hills and numerous parks, including the popular Discovery Lake and the expansive Double Peak Park, which provides breathtaking panoramic views. San Marcos is also home to a variety of shopping and dining options, especially in the bustling infrastructure such as the San Marcos Plaza and the North City area. Education is a focal point in San Marcos, with California State University San Marcos being a significant institution that enhances the academic atmosphere of the city. The local economy is diverse, with a strong presence in retail, education, and healthcare sectors. San Marcos enjoys a Mediterranean climate, offering mild winters and warm summers. The city's strategic location provides easy access to the beaches of Carlsbad and Encinitas, as well as other attractions in San Diego. With a strong sense of community, San Marcos hosts various events throughout the year, fostering a rich cultural environment.

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