Housing costs in Iron Horse?
A typical home costs
$203,500, which is 39.8% less expensive than the national average of
$338,100 and 72.3% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Iron Horse costs
$1,000 per month, which is 30.1% cheaper than the national average of
$1,430 and 115.0% cheaper than the state average of
$2,150.
Can I afford Iron Horse?
To live comfortably in Iron Horse, California, a minimum annual income of
$38,880 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Iron Horse?
The cost of living in Iron Horse, CA is relatively high compared to other places in the state. The median home value is $1,040,000, which is well above the national average. In addition, groceries, transportation, and health care costs are all significantly higher than the U.S. average. However, these costs are offset by higher wages in the area; the average household income is nearly $90k annually. Despite the higher cost of living, Iron Horse remains an attractive option for those looking for a safe and vibrant community with access to excellent schools and outdoor recreation opportunities.