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Almanor

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

Median Home$580,600
Population3
Leading IndustriesHealthcare · Construction · Arts, Food & Hospitality35% healthcare
Home Value Growth+1.5% over 2 years
Retirees49% of residentstop 1% nationally
NotableVeteran Community15% of residents · top 2% nationally
NotableHigh Incomes$95k/year · top 20% nationally
Almanor
CA

Frequently Asked Questions

What are today's mortgage rates in Almanor?

As of today, the 30-year fixed mortgage rate for Almanor is approximately 6.823% (6.856% 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 Almanor?

The median home value in Almanor is $581k. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Almanor?

Home values in Almanor have increased 1.5% over the past two years. The market has been relatively stable. 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 Almanor?

Based on a typical all-in ownership cost of $1,756/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $75k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Almanor is $95k/year.

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What industries drive the economy in Almanor?

The largest employment sectors in Almanor are healthcare (35%) and public administration (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.