Cost of Living in Ridgemark, CA

Population 3,051 · California · Data vintage 2023

261
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Home prices in Ridgemark run well above the national baseline, with a median of $821,000, though local incomes keep the cost-to-earnings ratio tighter than in coastal metros with comparable sticker prices. Median household earnings of $127,117 place the city among the better-paid California metros. At 6.6%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Located 15 miles northeast of Salinas, Ridgemark falls within that metro's commuting orbit. Median home values run roughly 34% higher than Salinas' $611,000.

Cost Overview

Housing 269
Rent 248

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Ridgemark

The median home value in Ridgemark is $820,900 — 169% above the national median of $305,000. Median rent runs $3,255/month, 148% higher than the national median of $1,314/month. The median household income of $127,117/year is 70% higher than the US median of $74,580. The local unemployment rate is 6.6%, above the national average of 4.8%. California's top state income tax rate is 13.3% and the combined sales tax is 8.7%. Overall, Ridgemark has a cost of living index of 261 versus the US average of 100, meaning it is 161% more expensive.

🏠 Housing

Median Home Value
$820,900
169% above avg
Median Rent
$3,255/mo
148% above avg
Price-to-Rent Ratio
21.0x
Favors renting
Property Tax Rate
0.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,195
1 BR
$1,241
2 BR
$1,544
3 BR
$2,163
4 BR
$2,556
Owner-occupied 71.8%
Renter-occupied 28.2%

💰 Estimated Monthly Budget

Rent median rent
$3,255
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $3,869/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
46.1 min
71% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
21.7%

Commute Mode

Drove alone
74.5%
Carpooled
1.4%
Public transit
1.0%
Walked
1.4%
Work from home
21.7%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 13.3%
Total Sales Tax 8.7%
State rate 7.3%
Avg local rate 1.4%
Property Tax 0.7%

💼 Income & Employment

Median Household Income
$127,117
70% above avg
Per Capita Income
$67,897
Unemployment Rate
6.6%
37% above avg
Poverty Rate
5.8%
Labor Force Participation
59.3%

🎓 Education

Bachelor's degree+ 24.8%
Graduate degree 9.2%

👥 Demographics

Median Age 48.2
Male median age 50.9
Female median age 45.3

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 40 — Good
86.6%
Good air days/yr
111
Max AQI recorded
26
PM2.5 days
337
Ozone days

Frequently Asked Questions

What is the cost of living in Ridgemark, CA?

Ridgemark has a cost index of 261 (100 = national average). It is 161% above the national average.

What is average rent in Ridgemark, CA?

The median gross rent in Ridgemark is $3,255 per month based on 2023 Census data.

What is the average home price in Ridgemark?

The median home value in Ridgemark is $820,900 according to 2023 Census ACS data.

What is the median income in Ridgemark?

The median household income in Ridgemark is $127,117 per year (2023 ACS 5-year estimates).

What is the sales tax in Ridgemark, CA?

The combined state and local sales tax rate in Ridgemark is 8.7%. The California state income tax top rate is 13.3%.

Is Ridgemark, CA affordable?

Ridgemark is above average in cost of living, with an index of 261 — about 161% higher than the national average.

Ridgemark at a Glance

Population
3,051
Median Income
$127,117
Home Value
$820,900
Median Rent
$3,255/mo
Unemployment
6.6%
Sales Tax
8.7%
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Explore county-level cost of living data

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