Fresno, CA variant. This is a Fresno, CA-specific version of the Home Affordability Calculator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Home Affordability Calculator.
Affording a home in Fresno pits the $64,207 median income against a $405,000 median price - a price-to-income ratio of 6.3x.
Can you afford Fresno?
The 28% rule caps housing at $1,498/month on the local median income, supporting roughly $296,282 in price - versus the $405,000 Fresno median.
Fresno is a stretch on the median income; many buyers need higher earnings, more down, or co-borrowers.
About Fresno, CA
Fresno is subject to California's state income and sales taxes, which are among the higher tax structures in the country.
Fresno's home prices are more affordable than coastal California cities, though still above the national average.
Fresno sits at the heart of California's Central Valley agriculture, with a cost of living above the national average.
Worked example: max price on $64,207
28% of $64,207 ÷ 12 ≈ $1,498/month supports about $296,282 at 6.5% with 20% down - compared with the $405,000 median.
Quick reference
- Median home value: $405,000
- Median rent: $1,700/mo
- Median household income: $64,207
- Local sales tax: 8.35%
- Effective property tax rate: 0.79%
- Cost of living index: 109 (US avg = 100)
Frequently Asked Questions
What income do I need to buy in Fresno?
To afford the $405,000 median home, you'd typically need well above the $64,207 local median income at current rates.
What is the price-to-income ratio in Fresno?
About 6.3x (median home ÷ median income).