Cost of Living in Placer County, California
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Placer County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Placer County ranks #3,105 of 3,142 counties for affordability (bottom 1%)
Sourced county brief
Placer County Renter Median Income and Monthly Housing Costs Report
Median renter-household income in Placer County was $70,278 during the 2020-2024 period. The median gross rent was estimated at $2,069 per month, while the state unweighted county mean was $1,691. The official GRAPI, which serves as the canonical rentToIncomePct, is 34.1%. This is 2.4 percentage points higher than the California unweighted county mean of 31.7%. For owner-occupied units, the median home value was $688,100, compared to the state unweighted mean of $604,112. Selected monthly owner costs were $2,401, exceeding the state unweighted mean of $1,881. These figures are based on the U.S. Census Bureau ACS 2020-2024 5-Year Estimates. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Placer County
Affordability Verdict
ACS B25071 estimates median gross rent at 34.1% of renter household income in Placer County, which is between the 30% and 50% rent-burden benchmarks. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $2,069 per month; median selected monthly owner costs are $2,401. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $82,760 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The California unweighted mean of county median rents is $1,691 per month. Placer County's $2,069 median is 22.4% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Placer County
Rent Burden
21.4%
of gross income
Max Housing (28% Rule)
$2,707
per month
Owner Cost Burden
24.8%
of gross income
The median home in Placer County may be a stretch
Median home value is $688,100. Estimated monthly cost: $5,493 vs. your max of $2,707.
Rent Affordability Guide
Income Needed Calculator
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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