Quick facts: Vallejo, CA

Quick Facts

135.4
Cost of Living
above US average
123,564
Population
48.8
Crime Rate per 1000
above US average
$86,112
Median Income
above US average
$429,999
Median House Price
above US average
$1935.68
Average Rent
above US average
13%
Poverty Rate
above US average
5.7%
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 $86,112.

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Income Needed to Buy

βœ— Stretch
$135k/year
Based on $429,999 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $135k vs median $86,112
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Income Needed to Rent

βœ“ Affordable
$83k/year
Based on $1935.68/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($86,112) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Vallejo, CA

Vallejo, located in Solano County, California, is a vibrant city situated along the northeastern shore of San Francisco Bay. With a rich history dating back to the mid-1800s, Vallejo played a significant role in California's maritime and naval heritage, evidenced by the presence of the former Mare Island Naval Shipyard, the first naval base on the West Coast. Today, Vallejo boasts a diverse community and a variety of attractions. It's home to Six Flags Discovery Kingdom, a popular amusement park that combines thrill rides with animal exhibits, making it a favorite destination for families. The city also features the Vallejo Waterfront, offering picturesque views, parks, and dining options. Vallejo is well-connected by major highways and public transportation, making it easily accessible for commuters traveling to nearby cities like San Francisco and Oakland. The city enjoys a Mediterranean climate, characterized by warm, dry summers and mild, wet winters. Vallejo's cultural scene includes local art galleries, theaters, and music festivals, reflecting the city's dynamic spirit. With its mix of history, recreation, and community events, Vallejo is a unique place to live and visit.

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