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Cost of Living in Madera, CA

Population 67,831 · Census ACS 2020–2024 5-year estimates

Median rent$1,353
Median home value$359,900
Median household income$63,933

The median rent in Madera, CA is $1,353/month, 34% lower than the California median and 4% lower than the U.S. median. The median home value is $359,900, 8% higher than the national median. Households earn a median of $63,933 a year, 36% lower than the state median.

Affordability

Rent as a share of median income: 25.4%
Income needed for median rent (30% rule): $54,120/yr
Home price-to-income ratio: 5.6×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,820/mo

Run your own numbers: mortgage calculator · hourly to salary

Madera vs. California vs. U.S.

MaderaCaliforniaU.S.
Median rent$1,353$2,036$1,413
Median home value$359,900$734,700$332,700
Median household income$63,933$99,122$80,734
Homeownership rate54.7%55.9%65.2%
Bachelor's degree or higher10.9%37.1%35.7%
Poverty rate25.6%12.0%12.5%
Unemployment rate12.6%6.6%5.2%
Work from home6.9%17.2%15.1%
Median age30.437.938.9

FAQ

What is the average rent in Madera, CA?

The median gross rent in Madera, CA is $1,353 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Madera, CA?

Using the common 30% rule, renting a median-priced home takes about $54,120 a year in gross income.

Is Madera, CA expensive to live in?

Rent there is 4% lower than the U.S. median, and the median home costs about 5.6 times the median household income.

Other cities in California

Los Angeles, CARent $1,933 · Income $81,939San Diego, CARent $2,313 · Income $108,077San Jose, CARent $2,669 · Income $146,427San Francisco, CARent $2,476 · Income $140,970Fresno, CARent $1,421 · Income $70,991Sacramento, CARent $1,779 · Income $87,321

Cities with a similar cost of living

Houston, TXRent $1,361 · Income $64,813Richmond, VARent $1,372 · Income $64,587Winchester, VARent $1,315 · Income $63,974Crestview, FLRent $1,366 · Income $65,480Lakeland, FLRent $1,395 · Income $64,185San Antonio, TXRent $1,324 · Income $65,056

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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