🏡 Housing costs in Temecula?
Daily life in Temecula Ca revolves around its unique housing market. A typical home costs $686,100, which is 102.9% more expensive than the national average of $338,100 and 6.5% less expensive than the average California home, at $733,500. Renting a two-bedroom unit in Temecula costs $2,390 per month, which is 67.1% more than the national average of $1,430 and 10.0% more than the state average of $2,150.
💰 Can I afford Temecula?
To live comfortably in Temecula, California, a minimum annual income of $131,400 for a family, and $76,400 for a single person is recommended.
The cost of living in Temecula, CA is significantly higher than the US average. According to data, the median house value in Temecula is $686,100 which is more than double the median house value of $338,100 across the United States. Additionally, the Cost of Living index for Temecula is 144.8 compared to 100 for the United States overall – indicating that it costs about 45% more to live in Temecula than it does nationwide. Therefore, those who are considering relocating to Temecula should be sure that they are able to afford the increased cost of living before making a move.
⛅️ Crime Rate and Climate
Temecula, CA is a relatively safe city compared to the national average. According to recent statistics, the rate of violent crime is 11.5 in Temecula, which is significantly lower than the US average of 22.7. Similarly, property crime in Temecula stands at 36.3 which is also lower than the US average of 35.4. With such low rates of both violent and property crimes, Temecula can be considered a relatively safe city for residents and visitors alike.
Crime is ranked on a scale of 1 (low crime) to 100 (high crime)
Temecula violent crime is 11.5. (The US average is 22.7)
Temecula property crime is 36.3. (The US average is 35.4)
Temecula, CA enjoys a Mediterranean climate with hot summers and mild winters. Temperatures in the summer months typically remain in the mid-90s, though they can reach as low as the low 80s or as high as over 100 degrees Fahrenheit. Winters are generally mild with temperatures hovering around 60 degrees Fahrenheit during the day and dropping to near freezing at night. Rainfall is relatively scarce throughout the year, with most of it occurring between December and February. The region receives an average of about 12 inches of rain annually.
Temecula, California gets 12 inches of rain, on average, per year. The US average is 38 inches of rain per year.
Temecula averages 0 inches of snow per year. The US average is 28 inches of snow per year.
On average, there are 276 sunny days per year in Temecula. The US average is 205 sunny days.
Temecula gets some kind of precipitation, on average, 31 days per year. Precipitation is rain, snow, sleet, or hail that falls to the ground. In order for precipitation to be counted you have to get at least .01 inches on the ground to measure.
🚸 Schools in Temecula
Temecula, California is a suburban city located in Riverside County that offers some of the best schools in the area. The public school system has earned an excellent rating by the state and there are a number of private and charter schools available as well. These schools provide high-quality education to students from preschool through high school. The curriculum is designed to give every student an opportunity to succeed in their academic goals and have a successful future. There are also extracurricular activities such as music, art, and sports available for those who would like to take advantage of them. With its popular location, Temecula is an ideal place for families with children who want to enjoy living close to excellent educational opportunities.
Temecula, CA is an idyllic area located in Southern California. It is known for its excellent schools and high quality of education that it provides to local students. Temecula has some of the highest ratings among schools in the region and is a sought after city for families who prioritize a great education for their children. The local education system focuses on creating educational opportunities for each individual student, providing resources like technology and highly qualified teachers to cultivate learning. The school district also offers programs such as Advanced Placement classes and dual language immersion programs which can help encourage students to excel academically. With its commitment to excellence, Temecula is an ideal place for families looking for top-notch educational opportunities for their kids.
Temecula schools spend $7,424 per student (The US average is $12,383). There are 26 pupils per teacher, 10,104 students per librarian, and 978 children per counselor.
📊 Economy in Temecula
Daily life in Temecula Ca revolves around its vibrant growth. Temecula, CA is a growing city located in Riverside County. As the population continues to expand, so do the opportunities for work, entertainment, and leisure. Two bedroom rent in Temecula is priced at $2,390 compared to the US average of $1430. Grocery cost index for Temecula is also higher than the US with 101 versus 100.
Temecula offers a variety of attractions from Historic Old Town to Pechanga Resort & Casino for gaming and entertainment. There are also various local companies like Toyota Motor Sales USA, Inc., American AgCredit, KCS Plumbing & Heating Supply Co., and Murrieta Valley Unified School District that offer careers for locals. With its many businesses and activities, Temecula provides something for everyone to enjoy.
Temecula has an unemployment rate of 5.9%. The US average is 6.0%.
Temecula has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 39.6%, which is higher than the US average of 33.5%.
Tax Rates for Temecula
– The Sales Tax Rate for Temecula is 8.8%. The US average is 7.3%.
– The Income Tax Rate for Temecula is 9.3%. The US average is 4.6%.
– Tax Rates can have a big impact when Comparing Cost of Living.
Housing Stats
Daily life in Temecula Ca is marked by a steady increase in housing values. Temecula, CA has seen a steady increase in the median value of housing over the past year, with the median value sitting at $686,100. This is significantly higher than the national median value of $338,100 and also reflects a slightly higher house appreciation rate (9.15%) than the national average (8.27%) during that same time period. The steady rise of housing values in Temecula indicates confidence from prospective buyers and investors that the market will remain stable and provide good returns on investment in the future.
The median home cost in Temecula is $686,100. Home appreciation for the last 10 years has been 193.0%. Home Appreciation in Temecula is up 17.4%.
Average Age of Homes
– The median age of Temecula real estate is 20 years old.
The Rental Market in Temecula
– Renters make up 32.0% of the Temecula population.
– 2.5% of houses and apartments in Temecula, are available to rent.
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