Median home value is about $1,106,600 — about 218% above the U.S. median home value ($348,079).
Housing tenure and rents show median gross rent around $2,103 (about 81% above the U.S. median rent ($1,163)), and owner-occupancy near 60.2% (about 5.2 points below the national owner-occupancy rate (65.4%)).
To comfortably buy a median-priced home in ZIP 91107 in Pasadena, CA, a household would need roughly $305,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $7,109. That is about 144% above the local median household income ($124,880), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.