Sierra Madre, CA

Very High · 229

California · Population 11,020 · Updated March 2026

$2,086
Median Rent / Month
$141,094
Median Income
$1,172,200
Median Home Value
$2,319
Owner Costs / Month

Affordability

How far your income goes in Sierra Madre

17.7%
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

$25,032
Annual Rent
$18,766
State Income Tax
$8,323
Property Tax (est.)

Cost of Living Overview

Sierra Madre has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 229 (where 100 equals the national median), Sierra Madre residents can expect to pay median rent of $2,086/month while earning a median household income of $141,094/year.

The median home value in Sierra Madre, CA is $1,172,200, with typical monthly owner costs around $2,319 including mortgage, insurance, and taxes. The median rent-to-income ratio of 17.7% 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 Sierra Madre.

Frequently Asked Questions

Common questions about living costs in Sierra Madre

What is the cost of living in Sierra Madre, CA?
The cost of living index in Sierra Madre, CA is 229 (US average = 100). Median monthly rent is $2,086, median household income is $141,094/year, and the median home value is $1,172,200.
Is Sierra Madre, CA affordable?
No, Sierra Madre is more expensive than the national average with a cost index of 229. The rent-to-income ratio is 17.7%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Sierra Madre, CA?
The median gross rent in Sierra Madre, CA is $2,086 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $25,032.
What is the median household income in Sierra Madre?
The median household income in Sierra Madre, CA is $141,094 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%.