Quick facts: South pasadena, CA

Quick Facts

127.6
Cost of Living
above US average
25,850
Population
23.02
Crime Rate per 1000
above US average
$127,882
Median Income
above US average
$1,395,000
Median House Price
above US average
$3146.38
Average Rent
above US average
8%
Poverty Rate
below US average
5.1%
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 $127,882.

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Income Needed to Buy

βœ— Stretch
$438k/year
Based on $1,395,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $438k vs median $127,882
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Income Needed to Rent

⚠ Stretch
$135k/year
Based on $3146.38/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $135k vs median $127,882
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for South pasadena, CA

South Pasadena, located in the San Gabriel Valley of Los Angeles County, California, is a charming city primarily known for its rich history, tree-lined streets, and strong sense of community. With a population of around 25,000, South Pasadena boasts a small-town feel while being mere minutes from the urban attractions of downtown Los Angeles. The city is celebrated for its beautiful architecture, including numerous historic houses, some dating back to the early 1900s. The South Pasadena Farmers' Market, held weekly, offers a vibrant selection of local produce and handmade goods, reflecting the community's commitment to sustainability and local business. Cultural highlights include the South Pasadena Public Library, local theaters, and the Arts & Crafts architectural style present in various buildings. The city is also home to several parks, including Garfield Park and South Pasadena Middle School’s sports facilities. Education is highly valued, with highly rated public schools contributing to the area's appeal for families. Additionally, South Pasadena's commitment to preserving green spaces and promoting public transportation makes it a progressive and charming place to live and visit.

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