MyNeighborhood

Can you afford to live in Salinas?

Median household income, home values and rent in Salinas, 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 Salinas.

Median household income: $89,150 — +78.9% since 2015 (not adjusted for inflation)

Median gross rent: $1,923/mo — +66.9% since 2015

Median home value, 2015 to 2023

  • 2015: 276200
  • 2023: 610900

Median household income

  • Salinas: 89150
  • Monterey County: 94486
  • CA: 96334
  • U.S.: 78538

Median gross rent

  • Salinas: 1923
  • Monterey County: 1995
  • CA: 1956
  • U.S.: 1348

Share of income a typical renter spends on rent: 32.1% — U.S.: 30.2%

What it means

The typical household here earns $89,150 — notably higher than the national figure of $78,538.

The typical renter here spends 32.1% 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 (+78.9% versus +66.9%), before adjusting for inflation.

Sources

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