Quick facts: Tracy, CA

Quick Facts

127.6
Cost of Living
above US average
97,328
Population
20.79
Crime Rate per 1000
below US average
$111,717
Median Income
above US average
$1,200,000
Median House Price
above US average
$2521.67
Average Rent
above US average
9%
Poverty Rate
below US average
5.2%
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 $111,717.

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Income Needed to Buy

βœ— Stretch
$376k/year
Based on $1,200,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $376k vs median $111,717
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Income Needed to Rent

βœ“ Affordable
$108k/year
Based on $2521.67/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($111,717) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Tracy, CA

Tracy, California, is a vibrant city located in San Joaquin County in the Central Valley. Known for its rich agricultural roots, Tracy has evolved into a suburban hub with a growing population of over 90,000 residents. The city's strategic location along Interstate 205 provides easy access to major urban centers like San Francisco, San Jose, and Sacramento, making it a desirable place for commuters. Tracy is characterized by its charming downtown area, which features a mix of historic buildings, boutiques, restaurants, and community events. The city also boasts a strong sense of community, with numerous parks, recreational facilities, and annual events, such as the Tracy Dry Bean Festival, celebrating its agricultural heritage. Education is a priority in Tracy, with several public and private schools serving the community, as well as proximity to community colleges and universities. The cost of living in Tracy is relatively affordable compared to nearby metropolitan areas, attracting families and individuals seeking a balanced lifestyle. With its blend of suburban comfort and access to urban amenities, Tracy continues to grow as a popular residential choice in California.

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