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Coloma

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

Median Home$611,366
Median Rent$1,861/month
Population548
Leading IndustriesWholesale Trade · Arts, Food & Hospitality · Construction11% wholesale trade
Home Value Growth+1.8% over 2 years
Retirees26% of residentsabove average nationally
Homeowners85% of occupied units
NotableHigh Incomes$107k/year · top 13% nationally
NotableVeteran Community10% of residents · top 14% nationally
Coloma
CA

Frequently Asked Questions

What are today's mortgage rates in Coloma?

As of today, the 30-year fixed mortgage rate for Coloma is approximately 6.813% (6.846% 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 Coloma?

The median home value in Coloma is $611k. The median monthly rent is $1,861. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Coloma?

Home values in Coloma have increased 1.8% over the past two years. The market has been relatively stable. 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 Coloma?

Based on a typical all-in ownership cost of $1,708/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $73k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Coloma is $107k/year.

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What industries drive the economy in Coloma?

The largest employment sectors in Coloma are public administration (18%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.