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Ballico-Cressey

Learn about the people, housing, costs and businesses in Ballico-Cressey, California

Median Home$256,555
Median Rent$853/month
Population10,867
Leading IndustriesProfessional Services · Arts, Food & Hospitality · Finance & Insurance3% professional services
Home Value Growth⬆⬆+15.7% over 2 years
Family-Friendly22% of residentsnear the national average
Homeowners68% of occupied units
NotableAffordable Market$257k median home · lower cost than 73% of the country
Ballico-Cressey
CA

Frequently Asked Questions

What are today's mortgage rates in Ballico-Cressey?

As of today, the 30-year fixed mortgage rate for Ballico-Cressey is approximately 6.943% (6.981% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Ballico-Cressey
What is the median home price in Ballico-Cressey?

The median home value in Ballico-Cressey is $257k. The median monthly rent is $853. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ballico-Cressey?

Home values in Ballico-Cressey have increased 15.7% 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 Ballico-Cressey?

Based on a typical all-in ownership cost of $1,070/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $46k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ballico-Cressey is $78k/year.

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What industries drive the economy in Ballico-Cressey?

The largest employment sectors in Ballico-Cressey are public administration (22%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.