Quick facts: Santa barbara, CA

Quick Facts

130.5
Cost of Living
above US average
87,533
Population
28.94
Crime Rate per 1000
above US average
$98,346
Median Income
above US average
$1,762,500
Median House Price
above US average
$3312
Average Rent
above US average
14%
Poverty Rate
above US average
3.4%
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 $98,346.

🏠

Income Needed to Buy

βœ— Stretch
$553k/year
Based on $1,762,500 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $553k vs median $98,346
🏒

Income Needed to Rent

⚠ Stretch
$142k/year
Based on $3312/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $142k vs median $98,346
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Santa barbara, CA

Santa Barbara, located along the central coast of California, is renowned for its stunning Mediterranean-style architecture, beautiful beaches, and a vibrant cultural scene. Often referred to as the "American Riviera," the city enjoys a mild climate, making it a popular destination year-round. Santa Barbara is known for its historic Spanish colonial buildings, such as the iconic Mission Santa Barbara and the Santa Barbara County Courthouse, which offers panoramic views of the city from its clock tower. The downtown area features a variety of shops, restaurants, and art galleries, with State Street serving as a central hub for both locals and tourists. The city boasts picturesque beaches like East Beach and West Beach, ideal for sunbathing, swimming, and beach volleyball. Outdoor enthusiasts can explore the nearby Santa Ynez Mountains, offering hiking and breathtaking views. Santa Barbara also has a thriving wine region, with numerous wineries and tasting rooms just a short drive away. Annual events like the Santa Barbara Film Festival further enhance the city's cultural richness. With its stunning landscapes and vibrant community, Santa Barbara stands out as a perfect blend of relaxation and adventure.

πŸ” Search & Compare Places

First Location πŸ“