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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).

Q42022

C.A.R. Traditional Housing Affordability Index

STATE/REGION/COUNTY

Q42022

Q32022

 

Q42021

Median Home Price

Monthly Payment Including Taxes & Insurance

Minimum Qualifying Income

CA SFH (SAAR)

17

18

 

25

 

$790,020

$5,030

$201,200

CA Condo/Townhomes

26

27

 

36

 

$610,000

$3,880

$155,200

Los Angeles Metropolitan Area

18

19

 

26

 

$729,000

$4,640

$185,600

Inland Empire

23

25

 

35

 

$540,000

$3,440

$137,600

S.F. Bay Area

20

20

 

23

 

$1,199,000

$7,630

$305,200

US

38

39

 

51

 

$378,700

$2,410

$96,400

 

 

 

 

 

 

 

 

 

S.F. Bay Area

 

 

 

 

 

 

 

 

Alameda

17

17

 

20

 

$1,165,000

$7,420

$296,800

Contra Costa

25

25

 

33

 

$840,000

$5,350

$214,000

Marin

18

18

 

23

 

$1,580,000

$10,060

$402,400

Napa

16

13

 

24

 

$920,000

$5,860

$234,400

San Francisco

20

20

 

21

 

$1,575,000

$10,030

$401,200

San Mateo

19

19

 

19

 

$1,800,000

$11,460

$458,400

Santa Clara

20

20

 

22

 

$1,577,500

$10,040

$401,600

Solano

28

30

 

42

 

$569,000

$3,620

$144,800

Sonoma

17

19

 

28

 

$805,000

$5,130

$205,200

Southern California

 

 

 

 

 

 

 

 

Los Angeles

13

14

r

20

r

$829,130

$5,280

$211,200

Orange

13

13

 

17

 

$1,132,000

$7,210

$288,400

Riverside

21

23

 

32

 

$585,000

$3,730

$149,200

San Bernardino

29

31

 

42

 

$458,000

$2,920

$116,800

San Diego

15

15

 

23

 

$857,000

$5,460

$218,400

Ventura

16

17

 

24

 

$850,000

$5,410

$216,400

Central Coast

 

 

 

 

 

 

 

 

Monterey

12

13

 

19

 

$828,000

$5,270

$210,800

San Luis Obispo

11

13

 

22

 

$843,000

$5,370

$214,800

Santa Barbara

11

12

 

20

 

$975,000

$6,210

$248,400

Santa Cruz

13

14

 

17

 

$1,275,000

$8,120

$324,800

Central Valley

 

 

 

 

 

 

 

 

Fresno

30

32

 

40

 

$399,000

$2,540

$101,600

Glenn

35

34

 

43

 

$307,000

$1,950

$78,000

Kern

30

34

 

43

 

$374,900

$2,390

$95,600

Kings

35

40

 

54

 

$330,000

$2,100

$84,000

Madera

31

34

 

42

 

$410,000

$2,610

$104,400

Merced

34

34

 

45

 

$360,000

$2,290

$91,600

Placer

29

30

 

39

 

$630,000

$4,010

$160,400

Sacramento

28

29

 

39

 

$500,000

$3,180

$127,200

San Benito

18

20

 

27

 

$760,000

$4,840

$193,600

San Joaquin

28

29

 

38

 

$496,500

$3,160

$126,400

Stanislaus

29

30

 

40

 

$429,000

$2,730

$109,200

Tulare

32

36

 

44

 

$359,900

$2,290

$91,600

Far North

 

 

 

 

 

 

 

 

Butte

29

30

 

35

 

$429,500

$2,730

$109,200

Lassen

54

56

 

63

 

$232,500

$1,480

$59,200

Plumas

31

28

 

39

 

$396,940

$2,530

$101,200

Shasta

39

39

 

45

 

$355,000

$2,260

$90,400

Siskiyou

31

31

 

44

 

$325,000

$2,070

$82,800

Tehama

40

39

 

40

 

$290,000

$1,850

$74,000

Other Counties in California

 

 

 

 

 

 

 

 

Amador

34

34

 

43

 

$389,000

$2,480

$99,200

Calaveras

30

32

 

40

 

$440,000

$2,800

$112,000

Del Norte

25

27

 

39

 

$375,000

$2,390

$95,600

El Dorado

25

27

 

37

 

$635,000

$4,040

$161,600

Humboldt

24

23

 

30

 

$435,000

$2,770

$110,800

Lake

28

33

 

43

 

$349,900

$2,230

$89,200

Mariposa

27

21

 

30

 

$359,000

$2,290

$91,600

Mendocino

14

18

 

22

 

$562,500

$3,580

$143,200

Mono

7

8

 

13

 

$825,000

$5,250

$210,000

Nevada

27

25

 

37

 

$526,000

$3,350

$134,000

Sutter

34

32

 

41

 

$405,950

$2,580

$103,200

Tuolumne

36

35

 

45

 

$378,000

$2,410

$96,400

Yolo

24

24

 

33

 

$600,000

$3,820

$152,800

Yuba

30

29

 

36

 

$400,000

$2,550

$102,000



 

Source: CALIFORNIA ASSOCIATION OF REALTORS®

 


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