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Big Bear Lake

Learn about the people, housing, costs and businesses in Big Bear Lake, California

Median Home$565,585
Median Rent$1,739/month
Population4,996
Leading IndustriesEducation · Healthcare · Professional Services6% education
Home Value Growth-4.9% over 2 years
Retirees22% of residentsnear the national average
Homeowners65% of occupied units
NotableAmenity Score73/100 · highly walkable area
NotableVeteran Community10% of residents · top 14% nationally
Big Bear Lake
CA

Frequently Asked Questions

What are today's mortgage rates in Big Bear Lake?

As of today, the 30-year fixed mortgage rate for Big Bear Lake is approximately 6.834% (6.868% 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 Big Bear Lake?

The median home value in Big Bear Lake is $566k. The median monthly rent is $1,739. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Big Bear Lake?

Home values in Big Bear Lake have decreased 4.9% 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 Big Bear Lake?

Based on a typical all-in ownership cost of $1,657/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $71k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Big Bear Lake is $74k/year.

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What industries drive the economy in Big Bear Lake?

The largest employment sectors in Big Bear Lake are healthcare (22%) and public administration (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.