Cost of Living in Carmichael, CA
Population: 78,070 • 2026 Data
$84,376
Median Household Income
+9% vs national
$1,595
Median Monthly Rent
+18% vs national
$541,500
Median Home Value
+60% vs national
6.0%
Unemployment Rate
Housing in Carmichael
The median home value in Carmichael, CA is $541,500. Monthly rent for a typical unit averages $1,595, while total monthly housing costs (including utilities and insurance) average $1,615.
Rent-to-income ratio: 22.7%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Carmichael, CA is $84,376. The unemployment rate stands at 6.0%, with a labor force of 39,544 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.