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Trying to find affordable California cities? Here’s where Valley communities stack up.

Three Valley municipalities are among the most affordable places to live in California, according to a recent study by financial firm SmartAsset. 

Madera Acres took the San Joaquin Valley’s top spot, coming in at No. 2 in the state. 

The unincorporated community located just north of Madera scored 49.39 in SmartAsset’s affordability index, which was compiled by looking at the five-year cost of owning a house compared to the median income of the area. 

For comparison, California City took the state’s top spot with a 50.01 score, out of 100. 

Madera Acres had pricier costs than much of the top 10 with $2,716 in average closing costs, $1,435 in annual property tax, $535 in annual homeowner’s insurance and an average annual mortgage payment of $9,797. 

The overall high ranking for Madera Acres came because of its relatively high median income, which is $88,482. 

Coalinga came in second in the San Joaquin Valley and ranked fifth in the state for affordability. 

The western Fresno County city saw its average closing costs come in at $2,434, annual property tax is $1,494, annual homeowner’s insurance is $388 and the average annual mortgage payment totaled $7,107. 

Coalinga’s median income measured at $62,522. 

Coming in at 9th, Tulare County-based Orosi rounded out the San Joaquin Valley’s representation in the top 10. 

Orosi had its average closing costs total $2,311, annual property tax of $1,278, annual homeowner’s insurance of $344 and the average annual mortgage payment came in relatively low at $6,292. 

Orosi also had one of the lowest median incomes at $40,667. 

RankCity, StateAvg. Closing CostsAnnual Property TaxAnnual Homeowner’s InsuranceAvg. Annual Mortgage PaymentMedian IncomeAffordability Index
1California City, CA$2,223$1,263$284$5,202$49,02250.01
2Madera Acres, CA$2,716$1,435$535$9,797$88,48249.39
3Imperial, CA$2,741$2,150$547$10,023$85,65445.76
4Ridgecrest, CA$2,460$1,864$411$7,533$69,57744.77
5Coalinga, CA$2,434$1,494$388$7,107$62,52244.31
6Barstow, CA$2,200$977$267$4,892$40,63344.06
7Homeland, CA$2,250$1,230$356$6,530$49,18042.05
8Spring Valley Lake, CA$2,934$2,736$641$11,744$84,72741.49
9Orosi, CA$2,311$1,278$344$6,296$40,66739.52
10Taft, CA$2,377$2,080$334$6,121$45,19739.03
California$3,206$3,216$943$17,288$75,235
Daniel Gligich is a reporter for The San Joaquin Valley Sun, focusing on Fresno State Athletics and the southern San Joaquin Valley. Email him at daniel.gligich@sjvsun.com.