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Housing Affordability Index - Traditional

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C.A.R.’s Housing Affordability Index (HAI) measures the percentage of households that can afford to purchase a median-priced, single-family home in California. C.A.R. also reports affordability indices for regions and select counties within the state. The index is considered the most fundamental measure of housing well-being for home buyers in the state.

 

Download series:  XLSHistorical

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Click here for the latest 2021 Housing Affordability by Ethnicity

Traditional Housing Affordability Index Methodology

Traditional Housing Affordability Indices (HAI) were calculated based on the following effective composite interest rates: 3.97% (Q122), 3.28% (Q421), and 3.08% (Q121).

Q12022

C.A.R. Traditional Housing Affordability Index

STATE/REGION/COUNTY

Q12022

Q42021

 

Q12021

Median Home Price

Monthly Payment Including Taxes & Insurance

Minimum Qualifying Income

CA SFH (SAAR)

24

25

 

27

 

$797,000

$3,950

$158,000

CA Condo/Townhomes

32

36

 

40

 

$640,000

$3,170

$126,800

Los Angeles Metropolitan Area

24

26

 

29

 

$736,000

$3,650

$146,000

Inland Empire

31

35

 

39

 

$560,000

$2,780

$111,200

S.F. Bay Area

20

23

 

23

 

$1,350,000

$6,690

$267,600

US

47

51

r

54

 

$368,200

$1,830

$73,200

 

 

 

 

 

 

 

 

 

S.F. Bay Area

 

 

 

 

 

 

 

 

Alameda

17

20

 

22

 

$1,370,500

$6,790

$271,600

Contra Costa

30

33

 

32

 

$910,000

$4,510

$180,400

Marin

21

23

 

22

 

$1,660,000

$8,230

$329,200

Napa

20

24

 

24

 

$965,000

$4,780

$191,200

San Francisco

20

21

 

20

 

$1,850,000

$9,170

$366,800

San Mateo

18

19

 

19

 

$2,195,000

$10,880

$435,200

Santa Clara

20

22

 

22

 

$1,875,000

$9,290

$371,600

Solano

37

42

 

44

 

$600,000

$2,970

$118,800

Sonoma

23

28

 

27

 

$825,000

$4,090

$163,600

Southern California

 

 

 

 

 

 

 

 

Los Angeles

20

21

 

24

 

$792,470

$3,930

$157,200

Orange

13

17

 

20

 

$1,260,000

$6,250

$250,000

Riverside

28

32

 

36

 

$607,000

$3,010

$120,400

San Bernardino

39

42

 

45

 

$460,000

$2,280

$91,200

San Diego

19

23

 

25

 

$905,000

$4,490

$179,600

Ventura

21

24

 

27

 

$882,070

$4,370

$174,800

Central Coast

 

 

 

 

 

 

 

 

Monterey

16

19

 

17

 

$885,000

$4,390

$175,600

San Luis Obispo

18

22

 

25

 

$852,250

$4,220

$168,800

Santa Barbara

12

20

 

14

 

$1,130,000

$5,600

$224,000

Santa Cruz

13

17

 

18

 

$1,425,000

$7,060

$282,400

Central Valley

 

 

 

 

 

 

 

 

Fresno

37

40

 

46

 

$405,000

$2,010

$80,400

Glenn

36

43

 

44

 

$360,000

$1,780

$71,200

Kern

38

43

 

47

 

$370,000

$1,830

$73,200

Kings

51

54

 

58

 

$325,000

$1,610

$64,400

Madera

38

42

 

46

 

$415,000

$2,060

$82,400

Merced

40

45

 

46

 

$390,000

$1,930

$77,200

Placer

34

39

 

39

 

$685,000

$3,400

$136,000

Sacramento

34

39

 

41

 

$545,000

$2,700

$108,000

San Benito

24

27

 

31

 

$847,500

$4,200

$168,000

San Joaquin

34

38

 

42

 

$520,000

$2,580

$103,200

Stanislaus

36

40

 

44

 

$460,000

$2,280

$91,200

Tulare

41

44

 

47

 

$343,460

$1,700

$68,000

Far North

 

 

 

 

 

 

 

 

Butte

33

35

 

37

 

$450,000

$2,230

$89,200

Lassen

61

63

 

62

 

$245,000

$1,210

$48,400

Plumas

36

39

 

47

 

$430,000

$2,130

$85,200

Shasta

42

45

 

48

 

$380,000

$1,880

$75,200

Siskiyou

42

44

 

49

 

$310,000

$1,540

$61,600

Tehama

35

40

 

46

 

$355,000

$1,760

$70,400

Other Counties in California

 

 

 

 

 

 

 

 

Amador

40

43

 

44

 

$425,000

$2,110

$84,400

Calaveras

35

40

 

41

 

$489,500

$2,430

$97,200

Del Norte

32

39

 

36

 

$390,000

$1,930

$77,200

El Dorado

29

37

 

36

 

$706,820

$3,500

$140,000

Humboldt

30

30

 

39

 

$430,000

$2,130

$85,200

Lake

38

43

 

46

 

$354,000

$1,750

$70,000

Mariposa

29

30

 

37

 

$442,500

$2,190

$87,600

Mendocino

24

22

 

27

 

$503,000

$2,490

$99,600

Mono

7

13

 

3

 

$1,037,500

$5,140

$205,600

Nevada

33

37

 

37

 

$550,000

$2,730

$109,200

Sutter

39

41

 

45

 

$426,000

$2,110

$84,400

Tuolumne

38

45

 

49

 

$429,500

$2,130

$85,200

Yolo

28

33

 

38

 

$630,000

$3,120

$124,800

Yuba

33

36

 

45

 

$430,000

$2,130

$85,200



 

Source: CALIFORNIA ASSOCIATION OF REALTORS®

 


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