Fallbrook, CA

Very High · 160

California · Population 32,467 · Updated March 2026

$1,675
Median Rent / Month
$87,293
Median Income
$713,000
Median Home Value
$1,913
Owner Costs / Month

Affordability

How far your income goes in Fallbrook

23.0%
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

$20,100
Annual Rent
$11,610
State Income Tax
$5,062
Property Tax (est.)

Cost of Living Overview

Fallbrook has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 160 (where 100 equals the national median), Fallbrook residents can expect to pay median rent of $1,675/month while earning a median household income of $87,293/year.

The median home value in Fallbrook, CA is $713,000, with typical monthly owner costs around $1,913 including mortgage, insurance, and taxes. The median rent-to-income ratio of 23.0% 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 Fallbrook.

Frequently Asked Questions

Common questions about living costs in Fallbrook

What is the cost of living in Fallbrook, CA?
The cost of living index in Fallbrook, CA is 160 (US average = 100). Median monthly rent is $1,675, median household income is $87,293/year, and the median home value is $713,000.
Is Fallbrook, CA affordable?
No, Fallbrook is more expensive than the national average with a cost index of 160. The rent-to-income ratio is 23.0%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Fallbrook, CA?
The median gross rent in Fallbrook, CA is $1,675 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $20,100.
What is the median household income in Fallbrook?
The median household income in Fallbrook, CA is $87,293 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%.