Long Beach, CA variant. This is a Long Beach, 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 Long Beach pits the $76,174 median income against a $815,000 median price - a price-to-income ratio of 10.7x.
Can you afford Long Beach?
The 28% rule caps housing at $1,777/month on the local median income, supporting roughly $351,504 in price - versus the $815,000 Long Beach median.
Long Beach is a stretch on the median income; many buyers need higher earnings, more down, or co-borrowers.
About Long Beach, CA
Long Beach is subject to California's state income and sales taxes.
Long Beach has expensive housing typical of coastal Southern California.
Long Beach is home to one of the busiest seaports in the United States, and its cost of living is well above the national average.
Worked example: max price on $76,174
28% of $76,174 ÷ 12 ≈ $1,777/month supports about $351,504 at 6.5% with 20% down - compared with the $815,000 median.
Quick reference
- Median home value: $815,000
- Median rent: $2,400/mo
- Median household income: $76,174
- Local sales tax: 10.25%
- Effective property tax rate: 0.71%
- Cost of living index: 144 (US avg = 100)
Frequently Asked Questions
What income do I need to buy in Long Beach?
To afford the $815,000 median home, you'd typically need well above the $76,174 local median income at current rates.
What is the price-to-income ratio in Long Beach?
About 10.7x (median home ÷ median income).