Sacramento, CA
Sacramento County · Pop. 528,001
Ranked #167 of 243 cities
32Crisis
Median Home Price
🏠$480K
4.0% YoY
Median Rent
🔑$1,650
3.2% YoY
Median Income
💰$68K
Rent Burden
📊31.5%
% of income to rent
Income to Buy
🏦$138K
annual income needed
Income to Rent
📝$66K
annual income needed
Price-to-Income
⚖️7.1x
Homeownership
🏡50.0%
Rent vs. Buy
Buy
$2,555/mo
Est. mortgage (7%, 20% down)
Need $138K/yr income
Rent
$1,650/mo
Median rent
Need $66K/yr income
How Sacramento Compares
| Metric | Sacramento | California | National |
|---|---|---|---|
| Home Price | $480K | $726K | $410K |
| Rent | $1,650 | $1,992 | $1,500 |
| Income | $68K | $96K | $75K |
| Rent Burden | 31.5% | 40.5% | 30.0% |
Key Takeaways
- • Home prices in Sacramento are 17% higher than the national average.
- • Rent is 10% higher than the national average.
- • You need an income of $138K to comfortably buy a home here.
- • The homeownership rate is 50.0%, compared to 65.0% nationally.