Riverbank, CA

Above Avg · 122

California · Population 24,881 · Updated March 2026

$1,527
Median Rent / Month
$90,216
Median Income
$442,300
Median Home Value
$1,724
Owner Costs / Month

Affordability

How far your income goes in Riverbank

20.3%
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

$18,324
Annual Rent
$11,999
State Income Tax
$3,140
Property Tax (est.)

Cost of Living Overview

Riverbank has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 122 (where 100 equals the national median), Riverbank residents can expect to pay median rent of $1,527/month while earning a median household income of $90,216/year.

The median home value in Riverbank, CA is $442,300, with typical monthly owner costs around $1,724 including mortgage, insurance, and taxes. The median rent-to-income ratio of 20.3% 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 Riverbank.

Frequently Asked Questions

Common questions about living costs in Riverbank

What is the cost of living in Riverbank, CA?
The cost of living index in Riverbank, CA is 122 (US average = 100). Median monthly rent is $1,527, median household income is $90,216/year, and the median home value is $442,300.
Is Riverbank, CA affordable?
No, Riverbank is more expensive than the national average with a cost index of 122. The rent-to-income ratio is 20.3%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Riverbank, CA?
The median gross rent in Riverbank, CA is $1,527 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $18,324.
What is the median household income in Riverbank?
The median household income in Riverbank, CA is $90,216 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%.