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Santa Barbara County, CA

RANK #887 / 996  ·  POP 445,213  ·  CA

PROJECTED GROWTH: -1.4%

Santa Barbara County is losing people and economic momentum. This metro faces significant structural headwinds.

[01] Why Santa Barbara County?

Santa Barbara County, often called the "American Riviera," is known for its Spanish Colonial Revival architecture, visible in landmarks like the Santa Barbara County Courthouse. Located on California's Central Coast, it sits between the Santa Ynez Mountains and the Pacific Ocean, roughly 90 miles north of Los Angeles. The region experiences a mild, Mediterranean climate with over 300 days of sunshine annually, making outdoor activities popular year-round. Residents and visitors engage in hiking and biking in the Santa Ynez Mountains, surfing and kayaking along the coast, and exploring areas like El Capitan State Beach or the Arroyo Hondo Preserve.

Life in Santa Barbara County offers a blend of natural beauty and community. The county includes towns like Santa Maria, the largest city by population, and Solvang, known for its Danish Village aesthetic. Commute options include local bus services, regional express routes, and Amtrak train service. The Santa Barbara County Education Office oversees 20 public school districts. The economy is supported by sectors such as agriculture, tourism, wine, and a growing technology presence, with major investment flowing into commercial and residential development, as well as energy.

[02] Market Snapshot

Housing Ratio
9.5x

Overvalued relative to economy

GDP Growth
+4.4%

Well above national median

Home Prices
+0.6%

Well below national median

Climate & Terrain
11.0

Favorable climate & terrain

Price/Rent
18x

Above national median (13x)

Housing looks overvalued at 9.5x — home prices are high relative to local economic output. Climate and geography support a structural premium. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Santa Barbara County U.S. National

The Numbers

DEMOGRAPHICS
Population
445,213
-0.54% YoY
Median Household Income
$92,332
Median Home Value
$714,800
+0.6% 12mo
Median Rent
$1,964
Average Annual Pay
$69,664
+5.8% YoY
Employment
216,323
+0.2% YoY
Income-to-Home-Value
0.1292
Less affordable than average
Migration Inflow
4.51%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$1,099,500
Days on Market
46
Moderate pace
Months of Supply
3.1
Balanced market
Sale-to-List Ratio
98.7%
Near asking price
Sold Above List
29.6%
Listings w/ Price Drops
16.6%
Building Permits (2024)
750
Single-Family Permits
481

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$850M
TOTAL
PROJECT AMOUNT STATUS
La Cumbre Plaza Redevelopment (Residential)
Unknown
$500M Proposed
Burton Ranch Lompoc Project
Unknown
$150M Approved
Strauss Wind Farm
Strauss Wind LLC (BayWa r.e. Wind, LLC affiliate)
$100M Operating
GridStor Goleta Battery Energy Storage System
GridStor
$60M Under Construction
Cuyama Solar Project
First Solar, Inc.
$40M Operating

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +4.4% 77 percentile
Population Growth -0.5% 10 percentile
Income Growth +9.5% 71 percentile
Vacancy Rate 0.8% 72 percentile
Home Price Change +0.6% 39 percentile
Rent Growth +0.7% 16 percentile
Price/Rent 18x 14 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Santa Barbara County, CA a good place to move to?

Santa Barbara County has a Boom Town Index score of 11/100, ranking #887 among 996 U.S. counties. With job growth at +0.2% and a median household income of $92,332, it faces some economic headwinds compared to faster-growing counties.

Is Santa Barbara County affordable?

The median home value in Santa Barbara County is $714,800 with median rent at $1,964/month. The income-to-home-value ratio is 0.1292, which is less affordable than the national average.

Is Santa Barbara County growing or shrinking?

Population growth: -0.5% year-over-year. Job growth: +0.2%. Home values changed +0.6% in the past 12 months.

Are people moving to Santa Barbara County?

Yes — 4.51% of Santa Barbara County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

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