Orange County
California · Pop. 3,168,044
Ranked #186 of 200 counties
20Crisis
Median Home Price
🏠$950K
4.2% YoY
Median Rent
🔑$2,500
Median Income
💰$100K
Rent Burden
📊33.0%
% of income to rent
Housing Shortage
🏗️42,000
estimated unit deficit
Building Permits (2024)
📋11,000
Price-to-Income Ratio
⚖️9.5x
Homeownership Rate
🏡57.0%
How Orange County Compares
| Metric | Orange County | California | National |
|---|---|---|---|
| Home Price | $950K | $726K | $410K |
| Rent | $2,500 | $1,992 | $1,500 |
| Income | $100K | $96K | $75K |
| Rent Burden | 33.0% | 40.5% | 30.0% |
| Homeownership | 57.0% | 56.0% | 65.0% |
Key Takeaways
- • Home prices are 132% above the national average.
- • Rent is 67% above the national average.
- • The county has an estimated housing shortage of 42,000 units.
- • 11,000 building permits were issued in 2024.
- • Year-over-year home prices changed by 4.2%.