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Butte Valley

Learn about the people, housing, costs and businesses in Butte Valley, California

Median Home$511,659
Median Rent$1,429/month
Population1,183
Leading IndustriesEducation · Public Administration · Wholesale Trade9% education
Home Value Growth-3.8% over 2 years
Retirees29% of residentswell above average
Homeowners83% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
Butte Valley
CA

Frequently Asked Questions

What are today's mortgage rates in Butte Valley?

As of today, the 30-year fixed mortgage rate for Butte Valley 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 Butte Valley?

The median home value in Butte Valley is $512k. The median monthly rent is $1,429. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Butte Valley?

Home values in Butte Valley have decreased 3.8% 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 Butte Valley?

Based on a typical all-in ownership cost of $1,190/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $51k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Butte Valley is $67k/year.

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What industries drive the economy in Butte Valley?

The largest employment sectors in Butte Valley are public administration (29%) and wholesale trade (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.