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5_Exhibit B_Resolution_Attachment 2
City of Pleasanton
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BOARDS AND COMMISSIONS
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PLANNING
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AGENDA PACKETS
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2020 - PRESENT
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2023
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05-10
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5_Exhibit B_Resolution_Attachment 2
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5/4/2023 3:15:58 PM
Creation date
5/4/2023 3:12:34 PM
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CITY CLERK
CITY CLERK - TYPE
RESOLUTIONS
DOCUMENT DATE
5/10/2023
DESTRUCT DATE
15Y
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5
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\BOARDS AND COMMISSIONS\PLANNING\AGENDA PACKETS\2020 - PRESENT\2023\05-10
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Home & Rent Values <br />It is more expensive to own or rent a home in Pleasanton <br />than in the County or Bay Area <br />•Typical home value - $1,213,900 <br />• County - $951,380 <br />• Bay Area - $1,077,230 in the Bay Area. <br />•Median rent - $2,290 per month <br />• County - $1,690 <br />• Bay Area - $1,850 <br />(Note – Zillow zip code rental data shows an observed market rate <br />rent at around $3,200 per month) <br />Cost Burden by Tenure <br />• Renters are more <br />cost burdened <br />than homeowners <br />• Almost 1 in 4 <br />renters spend 30- <br />50% of income on <br />housing <br />• 21% of renters <br />are severely cost- <br />burdened <br />76% <br />53% <br />14% <br />23% <br />10% <br />21% <br />0% <br />10% <br />20% <br />30% <br />40% <br />50% <br />60% <br />70% <br />80% <br />90% <br />100% <br />Owner Occupied Renter OccupiedPercent of HouseholdsNot Computed <br />50%+ of Income Used for Housing <br />30%-50% of Income Used for Housing <br />0%-30% of Income Used for Housing <br />Source: U.S. Census Bureau, ACS 2015-2019 <br />25 <br />26 <br />Public Participation Summaries City of Pleasanton | E-21
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