Quick facts: Yorba linda, CA

Quick Facts

127.6
Cost of Living
above US average
67,089
Population
9.99
Crime Rate per 1000
below US average
$148,325
Median Income
above US average
$1,447,070
Median House Price
above US average
$2796
Average Rent
above US average
5%
Poverty Rate
below US average
3.8%
Unemployment Rate
below 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 $148,325.

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Income Needed to Buy

βœ— Stretch
$454k/year
Based on $1,447,070 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $454k vs median $148,325
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Income Needed to Rent

βœ“ Affordable
$120k/year
Based on $2796/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($148,325) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Yorba linda, CA

Yorba Linda is a vibrant city located in Orange County, California. Nestled in the foothills of the Santa Ana Mountains, it offers a suburban feel with plenty of parks, trails, and open spaces. Known as the "Land of Gracious Living," Yorba Linda is famous for its rich history and is the birthplace of President Richard Nixon, with the Nixon Presidential Library and Museum serving as a notable landmark. The city boasts a strong sense of community, offering a range of events and activities throughout the year, including farmers markets, festivals, and concerts in the park. Yorba Linda is also known for its excellent school district, making it a desirable location for families. Outdoor enthusiasts will find plenty to enjoy, with numerous hiking and biking trails in nearby parks such as the Yorba Linda Regional Park and the Sierra Vista Peak Trail. With its scenic views, well-maintained neighborhoods, and convenient access to major highways, Yorba Linda provides a serene yet connected lifestyle, just a short drive from the bustling attractions of Orange County and Los Angeles.

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