Channel Islands Beach

As of today, the 30-year fixed mortgage rate for Channel Islands Beach is approximately 7.026% (7.059% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

The median home value in Channel Islands Beach is $1.2M. The median monthly rent is $2,363. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Home values in Channel Islands Beach have decreased 1.6% 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.

Based on a typical all-in ownership cost of $2,392/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $103k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Channel Islands Beach is $103k/year.

The largest employment sectors in Channel Islands Beach are wholesale trade (23%) and public administration (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.