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Alta Loma

Learn about the people, housing, costs and businesses in Alta Loma, California

Median Home$791,745
Median Rent$2,533/month
Population53,147
Leading IndustriesRetail · Information & Media14% retail
Home Value Growth⬆⬆+13.8% over 2 years
Retirees22% of residentsabove average nationally
Homeowners73% of occupied units
NotableVeteran Community9% of residents · top 9% nationally
NotableHigh Incomes$120k/year · top 20% nationally
Alta Loma
CA

Frequently Asked Questions

What are today's mortgage rates in Alta Loma?

As of today, the 30-year fixed mortgage rate for Alta Loma is approximately 6.802% (6.835% 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 Alta Loma?

The median home value in Alta Loma is $792k. The median monthly rent is $2,533. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Alta Loma?

Home values in Alta Loma have increased 13.8% over the past two years. This indicates a strong appreciation trend. 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 Alta Loma?

Based on a typical all-in ownership cost of $2,430/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $104k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Alta Loma is $120k/year.

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What industries drive the economy in Alta Loma?

The largest employment sectors in Alta Loma are public administration (24%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.