Anderson, CA

Below Avg · 79

California · Population 11,282 · Updated March 2026

$985
Median Rent / Month
$50,306
Median Income
$272,000
Median Home Value
$1,176
Owner Costs / Month

Affordability

How far your income goes in Anderson

23.5%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in California

State-level tax rates that affect your costs

13.3%
Income Tax (Top Rate)
7.25%
Sales Tax
0.71%
Property Tax Rate

Estimated Annual Costs

$11,820
Annual Rent
$6,691
State Income Tax
$1,931
Property Tax (est.)

Cost of Living Overview

Anderson is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 79 (where 100 equals the national median), Anderson residents can expect to pay median rent of $985/month while earning a median household income of $50,306/year.

The median home value in Anderson, CA is $272,000, with typical monthly owner costs around $1,176 including mortgage, insurance, and taxes. The median rent-to-income ratio of 23.5% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

California's top income tax rate of 13.3% is among the highest in the nation, adding to the overall cost burden. Combined with a 7.25% sales tax rate and 0.71% effective property tax rate, the overall tax environment is a factor in the total cost of living in Anderson.

Frequently Asked Questions

Common questions about living costs in Anderson

What is the cost of living in Anderson, CA?
The cost of living index in Anderson, CA is 79 (US average = 100). Median monthly rent is $985, median household income is $50,306/year, and the median home value is $272,000.
Is Anderson, CA affordable?
Yes, Anderson is more affordable than the national average with a cost index of 79. The rent-to-income ratio is 23.5%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Anderson, CA?
The median gross rent in Anderson, CA is $985 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $11,820.
What is the median household income in Anderson?
The median household income in Anderson, CA is $50,306 per year. This compares to the national median of approximately $80,000.
What are the taxes like in California?
California has a top income tax rate of 13.3%, a sales tax of 7.25%, and an effective property tax rate of 0.71%.