31% of income
Median rent burden
$786,000
Median home value
55.9%
Homeownership rate
Historical data
Coming soon
Long-run charts for this indicator are on the way.
Data table
| Median rent burden | 31% of income | |
| Median home value | $786,000 | |
| Homeownership rate | 55.9% |
Compared to the United States
| Indicator | California | United States |
|---|---|---|
| Homeownership rate2023, U.S. Census | 55.9% | 65.9% |
| Median home value2024 | $786,000 | $348,000 |
National ranking
Coming soon
The national ranking against every other state will appear here as more states are published.
Overview
Housing affordability is a defining challenge in California, with high home values and rents straining household budgets.