San Jose
California · Ranked #99 of 102 metros
15Crisis
Median Home Price
🏠$1.4M
Need $388K income
Median Rent
🔑$3K
Need $112K income
Housing Shortage
📉70,000
units needed
Building Permits
🔨7,500
annual
Median Income
💰$131K
Pop: 1,990,660
Rent Burden
⚠️33.0%
of renters paying >30%
Price Change (YoY)
📈+4%
Homeownership
🏡56.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | San Jose | National |
|---|---|---|
| Price-to-Income Ratio | 10.3x | 6.1x |
| Rent Burden | 33.0% | 31.5% |
| Homeownership Rate | 56.0% | 65.5% |
| YoY Price Change | +4% | +3.5% |
| YoY Rent Change | +3.5% | +2.8% |
| Mortgage Denial Rate | 9.5% | 13.5% |
| Eviction Rate | 1.5% | 3.6% |