Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Broadmoor

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

Median Home$1,250,000
Median Rent$2,758/month
Population4,569
Leading IndustriesHealthcare · Information & Media · Arts, Food & Hospitality15% healthcare
Home Value Growth-4.3% over 2 years
Young Adults36% of residentstop 5% nationally
Renters51% of occupied units
NotableHigh Incomes$161k/year · top 3% nationally
NotableHighly Educated31% hold a bachelor's degree · top 7% nationally
Broadmoor
CA

Frequently Asked Questions

What are today's mortgage rates in Broadmoor?

As of today, the 30-year fixed mortgage rate for Broadmoor is approximately 7.021% (7.054% 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 Broadmoor
What is the median home price in Broadmoor?

The median home value in Broadmoor is $1.3M. The median monthly rent is $2,758. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Broadmoor?

Home values in Broadmoor have decreased 4.3% 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 Broadmoor?

Based on a typical all-in ownership cost of $2,767/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $119k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Broadmoor is $161k/year.

Calculate your buying power
What industries drive the economy in Broadmoor?

The largest employment sectors in Broadmoor are public administration (20%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.