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Alamo

Learn about the people, housing, costs and businesses in Alamo, California

Median Home$1,949,069
Median Rent$3,501/month
Population14,415
Leading IndustriesHealthcare · Arts, Food & Hospitality · Education26% healthcare
Home Value Growth⬇⬇-16.1% over 2 years
Retirees25% of residentsabove average nationally
Homeowners90% of occupied units
NotableHighly Educated45% bachelor's · 17% graduate · top 1% nationally
NotableHigh Incomes$242k/year · top 1% nationally
Alamo
CA

Frequently Asked Questions

What are today's mortgage rates in Alamo?

As of today, the 30-year fixed mortgage rate for Alamo is approximately 6.991% (7.023% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Alamo?

The median home value in Alamo is $1.9M. The median monthly rent is $3,501. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Alamo?

Home values in Alamo have decreased 16.1% over the past two years. Buyers may find more negotiating room in this market. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Alamo?

Based on a typical all-in ownership cost of $3,977/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $170k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Alamo is $242k/year.

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What industries drive the economy in Alamo?

The largest employment sectors in Alamo are healthcare (26%) and arts, food, and hospitality (22%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.