Quick facts: Santa maria, CA

Quick Facts

127.6
Cost of Living
above US average
110,125
Population
22.27
Crime Rate per 1000
below US average
$81,237
Median Income
above US average
$605,000
Median House Price
above US average
$6397.88
Average Rent
above US average
15%
Poverty Rate
above US average
5.0%
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 $81,237.

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Income Needed to Buy

βœ— Stretch
$190k/year
Based on $605,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $190k vs median $81,237
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Income Needed to Rent

⚠ Stretch
$274k/year
Based on $6397.88/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $274k vs median $81,237
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Santa maria, CA

Santa Maria is a vibrant city located in Santa Barbara County, California, approximately midway between Los Angeles and San Francisco. Known for its rich agricultural heritage, Santa Maria is famous for its wine production and Santa Maria-style barbecue, a unique method of cooking that features seasoned beef cooked over an open fire. The city boasts a diverse community and offers a range of cultural events and festivals throughout the year, including the Santa Maria Valley Strawberry Festival and the Santa Maria Fairpark. Outdoor enthusiasts can enjoy nearby beaches, such as Guadalupe-Nipomo Dunes National Wildlife Refuge, and beautiful hiking trails in the region’s scenic landscapes. Santa Maria is home to several parks, recreational facilities, and sports programs, making it an excellent place for families and active individuals. The city also features a thriving local economy, driven by agriculture, tourism, and manufacturing sectors. With its pleasant climate, friendly atmosphere, and access to California’s stunning Central Coast, Santa Maria is a wonderful place to live, work, and visit.

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