Quick facts: San ramon, CA

Quick Facts

145.7
Cost of Living
above US average
85,953
Population
13.5
Crime Rate per 1000
below US average
$190,829
Median Income
above US average
$1,349,000
Median House Price
above US average
$3812.83
Average Rent
above US average
3%
Poverty Rate
below US average
4.3%
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 $190,829.

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Income Needed to Buy

βœ— Stretch
$423k/year
Based on $1,349,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $423k vs median $190,829
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Income Needed to Rent

βœ“ Affordable
$163k/year
Based on $3812.83/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($190,829) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for San ramon, CA

San Ramon, located in Contra Costa County, California, is a picturesque city known for its suburban charm and excellent quality of life. Nestled in the San Ramon Valley, the city is home to a diverse population and offers a blend of residential, commercial, and recreational spaces. San Ramon boasts an array of parks, such as Central Park and Bishop Ranch Regional Preserve, providing ample opportunities for outdoor activities including hiking, picnicking, and sports. The city has a strong economy, driven primarily by industries such as technology, telecommunications, and finance, with many corporate offices located in the Bishop Ranch business park. San Ramon is also recognized for its top-rated schools, making it a desirable location for families. Residents enjoy a variety of cultural events, shopping centers, and dining options, contributing to a vibrant community atmosphere. Additionally, its proximity to major highways and the Bay Area's tech hubs enhances its appeal for commuters. Overall, San Ramon presents a balanced lifestyle combining suburban tranquility with easy access to urban amenities.

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