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Housing Affordability By Ethnicity

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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.


 

2024

 

C.A.R. Traditional Housing Affordability Index

STATE/REGION/COUNTY

All

White, Non Hispanic

Asian

Hispanic/ Latino

Black

Median Home Price

Monthly Payment Including Taxes & Insurance

Minimum Qualifying Income

CA SFH

18

21

27

9

10

$865,440

$5,530

$221,200

CA Condo/Townhomes

27

32

38

16

16

$675,000

$4,310

$172,400

US

38

41

54

32

24

$412,500

$2,630

$105,200

 

 

 

 

 

 

 

 

 

S.F. Bay Area

 

 

 

 

 

 

 

 

Alameda

19

21

25

9

9

$1,300,000

$8,300

$332,000

Contra Costa

25

29

35

15

11

$876,260

$5,600

$224,000

San Francisco

19

25

17

12

6

$1,630,000

$10,410

$416,400

San Mateo

16

18

19

8

5

$2,090,000

$13,340

$533,600

Santa Clara

19

20

24

9

8

$1,930,000

$12,320

$492,800

Solano

30

35

38

20

23

$595,000

$3,800

$152,000

Southern California

 

 

 

 

 

 

 

 

Los Angeles

14

21

18

8

7

$906,030

$5,790

$231,600

Orange

13

15

14

7

13

$1,397,000

$8,920

$356,800

Riverside

25

29

37

20

23

$628,470

$4,010

$160,400

San Bernardino

35

37

47

32

25

$485,000

$3,100

$124,000

San Diego

15

17

20

9

7

$1,000,540

$6,390

$255,600

Central Valley

 

 

 

 

 

 

 

 

Fresno

35

43

43

28

31

$421,880

$2,690

$107,600

Kern

35

41

59

30

21

$395,000

$2,520

$100,800

Sacramento

32

34

39

26

24

$550,000

$3,510

$140,400

San Joaquin

34

36

47

26

34

$550,000

$3,510

$140,400

Stanislaus

25

29

40

18

17

$475,000

$3,030

$121,200


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