Long Beach, CA variant. This is a Long Beach, CA-specific version of the Rental Yield 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 Rental Yield Calculator.
Long Beach's gross rental yield - annual rent ÷ property price - is about 3.5%, based on $2,400/month rent on a $815,000 median home.
Rental yield in Long Beach
Gross yield = ($2,400 × 12) ÷ $815,000 = 3.5%. Net yield subtracts property tax (0.71%), insurance, vacancy, and maintenance.
High-price metros tend to show lower yields (price outruns rent); affordable metros often yield more. Long Beach's sub-5% gross yield signals an appreciation-driven market.
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: Long Beach yield
Annual rent $28,800 ÷ price $815,000 = 3.5% gross. After 0.71% property tax and ~1% maintenance, net yield is meaningfully lower.
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 is a good rental yield?
Many investors target 6-8% gross; Long Beach runs about 3.5%.
How is rental yield calculated?
Gross yield = annual rent ÷ purchase price. Net yield also subtracts taxes, insurance, vacancy, and upkeep.