Walnut Park, CA

Very High · 130

California · Population 15,446 · Updated March 2026

$1,430
Median Rent / Month
$79,205
Median Income
$570,500
Median Home Value
$1,509
Owner Costs / Month

Affordability

How far your income goes in Walnut Park

21.7%
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

$17,160
Annual Rent
$10,534
State Income Tax
$4,051
Property Tax (est.)

Cost of Living Overview

Walnut Park has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 130 (where 100 equals the national median), Walnut Park residents can expect to pay median rent of $1,430/month while earning a median household income of $79,205/year.

The median home value in Walnut Park, CA is $570,500, with typical monthly owner costs around $1,509 including mortgage, insurance, and taxes. The median rent-to-income ratio of 21.7% 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 Walnut Park.

Frequently Asked Questions

Common questions about living costs in Walnut Park

What is the cost of living in Walnut Park, CA?
The cost of living index in Walnut Park, CA is 130 (US average = 100). Median monthly rent is $1,430, median household income is $79,205/year, and the median home value is $570,500.
Is Walnut Park, CA affordable?
No, Walnut Park is more expensive than the national average with a cost index of 130. The rent-to-income ratio is 21.7%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Walnut Park, CA?
The median gross rent in Walnut Park, CA is $1,430 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $17,160.
What is the median household income in Walnut Park?
The median household income in Walnut Park, CA is $79,205 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%.