Named after a Spanish family that settled on the East Coast in the 18th century, Yorba Linda is one of the richest cities in the country and, according to various reports, one of the best cities to live in. Whatever you have to say about the city, however, and whether you consider it a blessing or a curse, Yorba Linda will forever be known first and foremost for one thing: being the birthplace of former president Richard Nixon.
Yorba Linda, CA is a great place for affordable rent-to-own homes! With a median household income of over $133,088 and a median rent of $2,323, the Yorba Linda, CA rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Yorba Linda, CA. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
Yorba Linda, CA is seeing rapid growth and Yorba Linda, CA's' housing market remains not optimal with an average home price that is 297% above the 2022 national average. Yorba Linda, CA is part of Orange county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2022 for county Orange is 0.56% which is below the national average, which is 0.99%.
Housing Statistics As you might expect, a home in a city with such a high quality of life doesn't come cheap. In fact the median cost of a house for sale in the area was $674,500 from May-July 2013, and the average price from January-March 2013 was $725,952. These prices have risen despite a reduction in sales (262 houses were sold from May-July 2013, 12.4% less than the same period last year). The combination of home ownership rates (81%) and low vacancy rates (3%) means that finding rent to own houses in any neighborhood is a challenge.
Local Events and Festivals Among the highlights of festivals and events in Yorba Linda is the can't-miss Lobsterfest, an annual all-you-can-eat fundraiser for the Sunrise Rotary club in May that involves the potentially endless consumption of delicious lobster. Meanwhile, every September you can enjoy some dumplings and a potato pancake before joining in with traditional Polish dances at the Polish Harvest Festival (Dozynki). More culture is on offer at the Celebration of the Arts festival, a family friendly event in June that is designed to celebrate inspirational creativity.
Local Shopping There are a number of small shopping centers and boutique stores in Yorba Linda that can keep you busy. The largest shopping center, Savi Ranch, straddles next-door Anaheim and is home to a number of larger national stores, while the Eastlake Village Shopping Center and the Mercado Del Rio are just two of the smaller complexes that offer a selection of stores selling everything from jewellery to sportswear.
Tourist Attractions Whatever your politics, it's no cover-up to claim that the Richard Nixon Library and Birthplace is the most popular tourist destination in Yorba Linda. While tourists might be most interested in the photographs, suits and other artifacts that detail the life of the president rocked by the Watergate scandal, academics will consider the 46 million pages of records housed in the archives as the real star attraction of the library. If Nixon isn't your cup of tea you can always learn about llamas while walking them along a country trail thanks to the friendly folks at the ShangriLlama. You certainly can't say Yorba Linda doesn't offer variety.
Local Restaurants Foodies are rather spoiled in Yorba Linda, as the city has an eclectic range of cuisines to please palates of all persuasions and often at a more affordable price than you might anticipate. Along Yorba Linda Blvd, you've got scintillating sushi, mouthwatering Mexican and tempting Thai, while the Wild Artichoke on Yorba Ranch Road is a hidden gem serving traditional American dishes with a twist.
Yorba Linda, CA has a walk score of
Yorba Linda, CA has a bike score of
The state tax rate is 1.0 to 12.3% on top of the federal tax rate of 10 to 37%.