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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).

Q22022

C.A.R. Traditional Housing Affordability Index

STATE/REGION/COUNTY

Q22022

Q12022

 

Q22021

Median Home Price

Monthly Payment Including Taxes & Insurance

Minimum Qualifying Income

CA SFH (SAAR)

16

24

 

23

 

$883,370

$4,980

$199,200

CA Condo/Townhomes

25

32

 

37

 

$677,000

$3,820

$152,800

Los Angeles Metropolitan Area

17

24

 

24

 

$800,000

$4,510

$180,400

Inland Empire

24

31

 

36

 

$585,000

$3,300

$132,000

S.F. Bay Area

18

20

 

19

 

$1,495,000

$8,430

$337,200

US

38

47

 

49

r

$413,500

$2,330

$93,200

 

 

 

 

 

 

 

 

 

S.F. Bay Area

 

 

 

 

 

 

 

 

Alameda

15

17

 

18

 

$1,500,000

$8,460

$338,400

Contra Costa

22

30

 

26

 

$1,001,080

$5,640

$225,600

Marin

17

21

 

21

 

$1,928,000

$10,870

$434,800

Napa

15

20

 

23

 

$1,005,000

$5,670

$226,800

San Francisco

17

20

 

19

 

$2,000,000

$11,270

$450,800

San Mateo

15

18

 

17

 

$2,270,000

$12,800

$512,000

Santa Clara

18

20

 

21

 

$1,900,000

$10,710

$428,400

Solano

28

37

 

40

 

$625,000

$3,520

$140,800

Sonoma

17

23

 

25

 

$865,500

$4,880

$195,200

Southern California

 

 

 

 

 

 

 

 

Los Angeles

16

20

 

22

 

$825,650

$4,650

$186,000

Orange

12

13

 

17

 

$1,300,000

$7,330

$293,200

Riverside

21

28

 

33

 

$640,000

$3,610

$144,400

San Bernardino

30

39

 

43

 

$493,000

$2,780

$111,200

San Diego

14

19

 

22

 

$965,870

$5,450

$218,000

Ventura

15

21

 

23

 

$939,000

$5,290

$211,600

Central Coast

 

 

 

 

 

 

 

 

Monterey

13

16

 

18

 

$875,000

$4,930

$197,200

San Luis Obispo

12

18

 

21

 

$900,000

$5,070

$202,800

Santa Barbara

10

12

 

13

 

$1,162,500

$6,550

$262,000

Santa Cruz

13

13

 

15

 

$1,350,000

$7,610

$304,400

Central Valley

 

 

 

 

 

 

 

 

Fresno

31

37

 

43

 

$424,500

$2,390

$95,600

Glenn

36

36

 

45

 

$325,500

$1,830

$73,200

Kern

32

38

 

45

 

$385,000

$2,170

$86,800

Kings

39

51

 

56

 

$357,700

$2,020

$80,800

Madera

32

38

 

44

 

$420,140

$2,370

$94,800

Merced

34

40

 

44

 

$400,000

$2,250

$90,000

Placer

27

34

 

35

 

$725,000

$4,090

$163,600

Sacramento

27

34

 

38

 

$570,000

$3,210

$128,400

San Benito

17

24

 

25

 

$859,000

$4,840

$193,600

San Joaquin

26

34

 

37

 

$560,000

$3,160

$126,400

Stanislaus

28

36

 

40

 

$480,000

$2,710

$108,400

Tulare

34

41

 

45

 

$371,000

$2,090

$83,600

Far North

 

 

 

 

 

 

 

 

Butte

28

33

 

33

 

$465,000

$2,620

$104,800

Lassen

54

61

 

62

 

$260,000

$1,470

$58,800

Plumas

32

36

 

39

 

$424,000

$2,390

$95,600

Shasta

36

42

 

45

 

$395,000

$2,230

$89,200

Siskiyou

30

42

 

44

 

$366,000

$2,060

$82,400

Tehama

33

35

 

38

 

$347,500

$1,960

$78,400

Other Counties in California

 

 

 

 

 

 

 

 

Amador

32

40

 

40

 

$440,000

$2,480

$99,200

Calaveras

29

35

 

37

 

$500,000

$2,820

$112,800

Del Norte

31

32

 

35

 

$350,000

$1,970

$78,800

El Dorado

24

29

 

31

 

$720,000

$4,060

$162,400

Humboldt

24

30

 

32

 

$451,500

$2,550

$102,000

Lake

33

38

 

43

 

$349,000

$1,970

$78,800

Mariposa

22

29

 

36

 

$460,000

$2,590

$103,600

Mendocino

15

24

 

23

 

$580,000

$3,270

$130,800

Mono

6

7

 

9

 

$956,500

$5,390

$215,600

Nevada

25

33

 

34

 

$590,000

$3,330

$133,200

Sutter

31

39

 

40

 

$450,000

$2,540

$101,600

Tuolumne

33

38

 

44

 

$435,000

$2,450

$98,000

Yolo

23

28

 

32

 

$655,000

$3,690

$147,600

Yuba

27

33

 

39

 

$445,000

$2,510

$100,400



 

Source: CALIFORNIA ASSOCIATION OF REALTORS®

 


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