Quick facts: Union city, CA

Quick Facts

130.8
Cost of Living
above US average
67,039
Population
29.89
Crime Rate per 1000
above US average
$138,013
Median Income
above US average
$1,040,000
Median House Price
above US average
$2974.29
Average Rent
above US average
9%
Poverty Rate
below US average
4.7%
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 $138,013.

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Income Needed to Buy

βœ— Stretch
$326k/year
Based on $1,040,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $326k vs median $138,013
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Income Needed to Rent

βœ“ Affordable
$127k/year
Based on $2974.29/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($138,013) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Union city, CA

Union City, located in the East Bay region of the San Francisco Bay Area, California, is a diverse and vibrant suburban city. With a population of approximately 75,000 residents, it offers a mix of urban amenities and suburban charm. Situated conveniently near major highways, Union City provides easy access to San Francisco, Oakland, and Silicon Valley, making it an attractive location for commuters. The city is known for its rich cultural diversity, reflected in its variety of restaurants, shops, and community events. Union City is home to several parks, such as the recent addition of the 100-acre Charles F. Kennedy Park, which features sports facilities, picnic areas, and walking trails. The Union City Historical Museum showcases the area's history and heritage, while the city's proximity to the waterfront offers scenic views and recreational opportunities. The local education system is robust, with several public and private schools serving the community. Union City maintains a strong sense of community with various annual events, festivals, and active neighborhood associations, contributing to its welcoming atmosphere.

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