Santa Barbara County
California ยท Pop. 448,229
Ranked #193 of 200 counties
18Crisis
Median Home Price
๐$850K
3.0% YoY
Median Rent
๐$2,400
Median Income
๐ฐ$80K
Rent Burden
๐36.0%
% of income to rent
Housing Shortage
๐๏ธ12,000
estimated unit deficit
Building Permits (2024)
๐2,100
Price-to-Income Ratio
โ๏ธ10.6x
Homeownership Rate
๐ก48.5%
How Santa Barbara County Compares
| Metric | Santa Barbara County | California | National |
|---|---|---|---|
| Home Price | $850K | $726K | $410K |
| Rent | $2,400 | $1,992 | $1,500 |
| Income | $80K | $96K | $75K |
| Rent Burden | 36.0% | 40.5% | 30.0% |
| Homeownership | 48.5% | 56.0% | 65.0% |
Key Takeaways
- โข Home prices are 107% above the national average.
- โข Rent is 60% above the national average.
- โข The county has an estimated housing shortage of 12,000 units.
- โข 2,100 building permits were issued in 2024.
- โข Year-over-year home prices changed by 3.0%.