Eastern Goleta Valley, CA

Very High · 261

California · Population 29,411 · Updated March 2026

$2,924
Median Rent / Month
$136,839
Median Income
$1,192,000
Median Home Value
$2,625
Owner Costs / Month

Affordability

How far your income goes in Eastern Goleta Valley

25.6%
Rent-to-Income Ratio
Moderate
Rent takes 25-35% of median income — moderate affordability.

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

$35,088
Annual Rent
$18,200
State Income Tax
$8,463
Property Tax (est.)

Cost of Living Overview

Eastern Goleta Valley has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 261 (where 100 equals the national median), Eastern Goleta Valley residents can expect to pay median rent of $2,924/month while earning a median household income of $136,839/year.

The median home value in Eastern Goleta Valley, CA is $1,192,000, with typical monthly owner costs around $2,625 including mortgage, insurance, and taxes. With a rent-to-income ratio of 25.6%, Eastern Goleta Valley falls within the generally affordable range, though it's approaching the 30% burden threshold.

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 Eastern Goleta Valley.

Frequently Asked Questions

Common questions about living costs in Eastern Goleta Valley

What is the cost of living in Eastern Goleta Valley, CA?
The cost of living index in Eastern Goleta Valley, CA is 261 (US average = 100). Median monthly rent is $2,924, median household income is $136,839/year, and the median home value is $1,192,000.
Is Eastern Goleta Valley, CA affordable?
No, Eastern Goleta Valley is more expensive than the national average with a cost index of 261. The rent-to-income ratio is 25.6%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Eastern Goleta Valley, CA?
The median gross rent in Eastern Goleta Valley, CA is $2,924 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $35,088.
What is the median household income in Eastern Goleta Valley?
The median household income in Eastern Goleta Valley, CA is $136,839 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%.