MyNeighborhood

Can you afford to live in Simi Valley?

Median household income, home values and rent in Simi Valley, 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 Simi Valley.

Median household income: $117,703 — +30.5% since 2015 (not adjusted for inflation)

Median gross rent: $2,513/mo — +47.0% since 2015

Median home value, 2015 to 2023

  • 2015: 450500
  • 2023: 753500

Median household income

  • Simi Valley: 117703
  • Ventura County: 107327
  • CA: 96334
  • U.S.: 78538

Median gross rent

  • Simi Valley: 2513
  • Ventura County: 2248
  • CA: 1956
  • U.S.: 1348

Share of income a typical renter spends on rent: 37.6% — U.S.: 30.2%

What it means

The typical household here earns $117,703 — far higher than the national figure of $78,538.

The typical renter here spends 37.6% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, rent has risen faster than income here (+47.0% versus +30.5%), before adjusting for inflation.

Sources

Loading the live page…