Visalia, CA
Tulare County · Pop. 141,384
Ranked #123 of 243 cities
40Moderate
Median Home Price
🏠$320K
3.2% YoY
Median Rent
🔑$1,250
2.5% YoY
Median Income
💰$48K
Rent Burden
📊33.5%
% of income to rent
Income to Buy
🏦$92K
annual income needed
Income to Rent
📝$50K
annual income needed
Price-to-Income
⚖️6.7x
Homeownership
🏡52.0%
Rent vs. Buy
Buy
$1,703/mo
Est. mortgage (7%, 20% down)
Need $92K/yr income
Rent
$1,250/mo
Median rent
Need $50K/yr income
How Visalia Compares
| Metric | Visalia | California | National |
|---|---|---|---|
| Home Price | $320K | $726K | $410K |
| Rent | $1,250 | $1,992 | $1,500 |
| Income | $48K | $96K | $75K |
| Rent Burden | 33.5% | 40.5% | 30.0% |
Key Takeaways
- • Home prices in Visalia are 22% lower than the national average.
- • Rent is 17% lower than the national average.
- • You need an income of $92K to comfortably buy a home here.
- • The homeownership rate is 52.0%, compared to 65.0% nationally.