Carlsbad, CA
San Diego County ยท Pop. 114,746
Ranked #230 of 243 cities
16Crisis
Median Home Price
๐$1.1M
4.5% YoY
Median Rent
๐$2,800
3.0% YoY
Median Income
๐ฐ$105K
Rent Burden
๐32.5%
% of income to rent
Income to Buy
๐ฆ$302K
annual income needed
Income to Rent
๐$112K
annual income needed
Price-to-Income
โ๏ธ10.0x
Homeownership
๐ก60.0%
Rent vs. Buy
Buy
$5,589/mo
Est. mortgage (7%, 20% down)
Need $302K/yr income
Rent
$2,800/mo
Median rent
Need $112K/yr income
How Carlsbad Compares
| Metric | Carlsbad | California | National |
|---|---|---|---|
| Home Price | $1.1M | $726K | $410K |
| Rent | $2,800 | $1,992 | $1,500 |
| Income | $105K | $96K | $75K |
| Rent Burden | 32.5% | 40.5% | 30.0% |
Key Takeaways
- โข Home prices in Carlsbad are 156% higher than the national average.
- โข Rent is 87% higher than the national average.
- โข You need an income of $302K to comfortably buy a home here.
- โข The homeownership rate is 60.0%, compared to 65.0% nationally.