Tracy, CA

Very High · 180

California · Population 95,358 · Updated March 2026

$2,325
Median Rent / Month
$118,253
Median Income
$653,900
Median Home Value
$2,369
Owner Costs / Month

Affordability

How far your income goes in Tracy

23.6%
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

$27,900
Annual Rent
$15,728
State Income Tax
$4,643
Property Tax (est.)

Cost of Living Overview

Tracy has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 180 (where 100 equals the national median), Tracy residents can expect to pay median rent of $2,325/month while earning a median household income of $118,253/year.

The median home value in Tracy, CA is $653,900, with typical monthly owner costs around $2,369 including mortgage, insurance, and taxes. The median rent-to-income ratio of 23.6% 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 Tracy.

Frequently Asked Questions

Common questions about living costs in Tracy

What is the cost of living in Tracy, CA?
The cost of living index in Tracy, CA is 180 (US average = 100). Median monthly rent is $2,325, median household income is $118,253/year, and the median home value is $653,900.
Is Tracy, CA affordable?
No, Tracy is more expensive than the national average with a cost index of 180. The rent-to-income ratio is 23.6%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Tracy, CA?
The median gross rent in Tracy, CA is $2,325 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $27,900.
What is the median household income in Tracy?
The median household income in Tracy, CA is $118,253 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%.