Carlsbad, CA

San Diego County ยท Pop. 114,746

Ranked #230 of 243 cities

16Crisis

Median Home Price

๐Ÿ 

$1.1M

4.5% YoY

Median Rent

๐Ÿ”‘

$2,800

3.0% YoY

Median Income

๐Ÿ’ฐ

$105K

Rent Burden

๐Ÿ“Š

32.5%

% of income to rent

Income to Buy

๐Ÿฆ

$302K

annual income needed

Income to Rent

๐Ÿ“

$112K

annual income needed

Price-to-Income

โš–๏ธ

10.0x

Homeownership

๐Ÿก

60.0%

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

MetricCarlsbadCaliforniaNational
Home Price$1.1M$726K$410K
Rent$2,800$1,992$1,500
Income$105K$96K$75K
Rent Burden32.5%40.5%30.0%

Key Takeaways

  • โ€ข Home prices in Carlsbad are 156% higher than the national average.
  • โ€ข Rent is 87% higher than the national average.
  • โ€ข You need an income of $302K to comfortably buy a home here.
  • โ€ข The homeownership rate is 60.0%, compared to 65.0% nationally.