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Cost of Living in Placentia, CA

Population 52,826 · Census ACS 2020–2024 5-year estimates

Median rent$2,388
Median home value$921,000
Median household income$115,929

The median rent in Placentia, CA is $2,388/month, 17% higher than the California median and 69% higher than the U.S. median. The median home value is $921,000, 177% higher than the national median. Households earn a median of $115,929 a year, 17% higher than the state median.

Affordability

Rent as a share of median income: 24.7%
Income needed for median rent (30% rule): $95,520/yr
Home price-to-income ratio: 7.9×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $4,657/mo

Run your own numbers: mortgage calculator · hourly to salary

Placentia vs. California vs. U.S.

PlacentiaCaliforniaU.S.
Median rent$2,388$2,036$1,413
Median home value$921,000$734,700$332,700
Median household income$115,929$99,122$80,734
Homeownership rate63.6%55.9%65.2%
Bachelor's degree or higher44.2%37.1%35.7%
Poverty rate7.9%12.0%12.5%
Unemployment rate5.5%6.6%5.2%
Work from home15.4%17.2%15.1%
Median age39.137.938.9

FAQ

What is the average rent in Placentia, CA?

The median gross rent in Placentia, CA is $2,388 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $95,520 a year in gross income.

Is Placentia, CA expensive to live in?

Rent there is 69% higher than the U.S. median, and the median home costs about 7.9 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

World Golf Village, FLRent $2,299 · Income $117,212Pearl City, HIRent $2,316 · Income $118,112Jupiter, FLRent $2,381 · Income $110,240Frederickson, WARent $2,386 · Income $109,500Summerlin South, NVRent $2,509 · Income $117,035Makakilo, HIRent $2,276 · Income $118,550

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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