Housing costs in Lake Sherwood?
A typical home costs
$2,083,000, which is 516.1% more expensive than the national average of
$338,100 and 184.0% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Lake Sherwood costs
$3,100 per month, which is 116.8% more than the national average of
$1,430 and 30.6% more than the state average of
$2,150.
Can I afford Lake Sherwood?
To live comfortably in Lake Sherwood, California, a minimum annual income of
$399,240 for a family, and
$102,400 for a single person is recommended.
What does A.I. say about Lake Sherwood?
The cost of living in Lake Sherwood, CA is quite expensive. The median home price is nearly $2 million dollars and the median household income is just over $150,000. As such, the cost of housing and other basic necessities are higher than average. However, the overall quality of life in Lake Sherwood is excellent as it provides ample opportunities for outdoor recreation and entertainment. Additionally, the proximity to Los Angeles makes it a desirable location for people who want access to big city amenities without having to live right in the middle of it all.