Hemet, CA

Average · 99

California · Population 90,646 · Updated March 2026

$1,432
Median Rent / Month
$53,623
Median Income
$314,200
Median Home Value
$1,370
Owner Costs / Month

Affordability

How far your income goes in Hemet

32.0%
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

$17,184
Annual Rent
$7,132
State Income Tax
$2,231
Property Tax (est.)

Cost of Living Overview

Hemet has a cost of living close to the national average, offering a balanced mix of expenses and amenities. With a cost index of 99 (where 100 equals the national median), Hemet residents can expect to pay median rent of $1,432/month while earning a median household income of $53,623/year.

The median home value in Hemet, CA is $314,200, with typical monthly owner costs around $1,370 including mortgage, insurance, and taxes. At 32.0% rent-to-income ratio, residents of Hemet are spending more than the recommended 30% of income on housing, indicating moderate cost burden.

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 Hemet.

Frequently Asked Questions

Common questions about living costs in Hemet

What is the cost of living in Hemet, CA?
The cost of living index in Hemet, CA is 99 (US average = 100). Median monthly rent is $1,432, median household income is $53,623/year, and the median home value is $314,200.
Is Hemet, CA affordable?
Yes, Hemet is more affordable than the national average with a cost index of 99. The rent-to-income ratio is 32.0%—above the 30%% affordability threshold.
What is the average rent in Hemet, CA?
The median gross rent in Hemet, CA is $1,432 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $17,184.
What is the median household income in Hemet?
The median household income in Hemet, CA is $53,623 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%.