Pomona, CA
Los Angeles County · Pop. 151,348
Ranked #216 of 243 cities
20Crisis
Median Home Price
🏠$580K
3.5% YoY
Median Rent
🔑$1,900
3.0% YoY
Median Income
💰$55K
Rent Burden
📊38.0%
% of income to rent
Income to Buy
🏦$167K
annual income needed
Income to Rent
📝$76K
annual income needed
Price-to-Income
⚖️10.5x
Homeownership
🏡42.0%
Rent vs. Buy
Buy
$3,087/mo
Est. mortgage (7%, 20% down)
Need $167K/yr income
Rent
$1,900/mo
Median rent
Need $76K/yr income
How Pomona Compares
| Metric | Pomona | California | National |
|---|---|---|---|
| Home Price | $580K | $726K | $410K |
| Rent | $1,900 | $1,992 | $1,500 |
| Income | $55K | $96K | $75K |
| Rent Burden | 38.0% | 40.5% | 30.0% |
Key Takeaways
- • Home prices in Pomona are 41% higher than the national average.
- • Rent is 27% higher than the national average.
- • You need an income of $167K to comfortably buy a home here.
- • The homeownership rate is 42.0%, compared to 65.0% nationally.