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Corcoran

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

Median Home$230,971
Median Rent$1,172/month
Population22,467
Leading IndustriesConstruction · Agriculture & Mining25% construction
Home Value Growth⬆⬆⬆+22.0% over 2 years
Young Adults34% of residentswell above average
Homeowners52% of occupied units
NotableTransit87/100 · excellent transit access
Corcoran
CA

Frequently Asked Questions

What are today's mortgage rates in Corcoran?

As of today, the 30-year fixed mortgage rate for Corcoran is approximately 6.997% (7.037% 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 Corcoran?

The median home value in Corcoran is $231k. The median monthly rent is $1,172. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Corcoran?

Home values in Corcoran have increased 22.0% over the past two years. This indicates a strong appreciation trend. 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 Corcoran?

Based on a typical all-in ownership cost of $1,169/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $50k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Corcoran is $61k/year.

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What industries drive the economy in Corcoran?

The largest employment sectors in Corcoran are agriculture and mining (25%) and construction (25%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.