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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: 5.72% (Q322), 5.39% (Q222), and 3.07% (Q321).

Q32022

C.A.R. Traditional Housing Affordability Index

STATE/REGION/COUNTY

Q32022

Q22022

 

Q32021

Median Home Price

Monthly Payment Including Taxes & Insurance

Minimum Qualifying Income

CA SFH (SAAR)

18

16

 

24

 

$829,760

$4,820

$192,800

CA Condo/Townhomes

27

25

 

37

 

$630,000

$3,660

$146,400

Los Angeles Metropolitan Area

19

17

 

26

 

$765,000

$4,440

$177,600

Inland Empire

25

24

 

36

 

$567,000

$3,290

$131,600

S.F. Bay Area

20

18

 

22

 

$1,265,000

$7,340

$293,600

US

39

38

 

50

 

$398,500

$2,310

$92,400

 

 

 

 

 

 

 

 

 

S.F. Bay Area

 

 

 

 

 

 

 

 

Alameda

17

15

 

19

 

$1,260,000

$7,310

$292,400

Contra Costa

25

22

 

31

 

$886,250

$5,140

$205,600

Marin

18

17

 

22

 

$1,700,000

$9,870

$394,800

Napa

13

15

 

23

 

$1,100,000

$6,380

$255,200

San Francisco

20

17

 

21

 

$1,660,000

$9,630

$385,200

San Mateo

19

15

 

19

 

$1,931,000

$11,210

$448,400

Santa Clara

20

18

 

22

 

$1,688,000

$9,800

$392,000

Solano

30

28

 

42

 

$595,000

$3,450

$138,000

Sonoma

19

17

 

28

 

$825,000

$4,790

$191,600

Southern California

 

 

 

 

 

 

 

 

Los Angeles

13

16

 

19

 

$893,230

$5,180

$207,200

Orange

13

12

 

18

 

$1,200,000

$6,960

$278,400

Riverside

23

21

 

33

 

$615,000

$3,570

$142,800

San Bernardino

31

30

 

43

 

$480,000

$2,790

$111,600

San Diego

15

14

 

23

 

$900,000

$5,220

$208,800

Ventura

17

15

 

25

 

$887,000

$5,150

$206,000

Central Coast

 

 

 

 

 

 

 

 

Monterey

13

13

 

20

 

$850,000

$4,930

$197,200

San Luis Obispo

13

12

 

24

 

$875,000

$5,080

$203,200

Santa Barbara

12

10

 

17

 

$1,010,000

$5,860

$234,400

Santa Cruz

14

13

 

17

 

$1,255,000

$7,280

$291,200

Central Valley

 

 

 

 

 

 

 

 

Fresno

32

31

 

42

 

$410,000

$2,380

$95,200

Glenn

34

36

 

44

 

$335,000

$1,940

$77,600

Kern

34

32

 

45

 

$368,000

$2,140

$85,600

Kings

40

39

 

56

 

$335,000

$1,940

$77,600

Madera

34

32

 

43

 

$410,000

$2,380

$95,200

Merced

34

34

 

44

 

$395,000

$2,290

$91,600

Placer

30

27

 

38

 

$664,000

$3,850

$154,000

Sacramento

29

27

 

39

 

$535,000

$3,100

$124,000

San Benito

20

17

 

27

 

$775,000

$4,500

$180,000

San Joaquin

29

26

 

37

 

$520,000

$3,020

$120,800

Stanislaus

30

28

 

41

 

$460,000

$2,670

$106,800

Tulare

36

34

 

46

 

$355,000

$2,060

$82,400

Far North

 

 

 

 

 

 

 

 

Butte

30

28

 

35

 

$441,000

$2,560

$102,400

Lassen

56

54

 

68

 

$244,950

$1,420

$56,800

Plumas

28

32

 

38

 

$447,500

$2,600

$104,000

Shasta

39

36

 

44

 

$375,000

$2,180

$87,200

Siskiyou

31

30

 

41

 

$350,000

$2,030

$81,200

Tehama

39

33

 

38

 

$309,250

$1,790

$71,600

Other Counties in California

 

 

 

 

 

 

 

 

Amador

34

32

 

42

 

$419,000

$2,430

$97,200

Calaveras

32

29

 

39

 

$460,000

$2,670

$106,800

Del Norte

27

31

 

35

 

$383,450

$2,230

$89,200

El Dorado

27

24

 

35

 

$645,000

$3,740

$149,600

Humboldt

23

24

 

32

 

$470,000

$2,730

$109,200

Lake

33

33

 

42

 

$339,000

$1,970

$78,800

Mariposa

21

22

 

35

 

$449,000

$2,610

$104,400

Mendocino

18

15

 

23

 

$543,250

$3,150

$126,000

Mono

8

6

 

13

 

$850,000

$4,930

$197,200

Nevada

25

25

 

35

 

$579,450

$3,360

$134,400

Sutter

32

31

 

42

 

$445,000

$2,580

$103,200

Tuolumne

35

33

 

45

 

$410,000

$2,380

$95,200

Yolo

24

23

 

33

 

$635,000

$3,680

$147,200

Yuba

29

27

 

38

 

$431,500

$2,500

$100,000



 

Source: CALIFORNIA ASSOCIATION OF REALTORS®

 


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