MyNeighborhood

Can you afford to live in Palm Springs?

Median household income, home values and rent in Palm Springs, CA — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Palm Springs.

Median household income: $71,979 — +63.3% since 2015 (not adjusted for inflation)

Median gross rent: $1,473/mo — +55.2% since 2015

Median home value, 2015 to 2023

  • 2015: 280500
  • 2023: 567300

Median household income

  • Palm Springs: 71979
  • Riverside County: 89672
  • CA: 96334
  • U.S.: 78538

Median gross rent

  • Palm Springs: 1473
  • Riverside County: 1814
  • CA: 1956
  • U.S.: 1348

Share of income a typical renter spends on rent: 37.4% — U.S.: 30.2%

What it means

The typical household here earns $71,979 — slightly lower than the national figure of $78,538.

The typical renter here spends 37.4% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, income has kept pace with rent here (+63.3% versus +55.2%), before adjusting for inflation.

Sources

Loading the live page…