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Covina-Valley

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

Median Home$666,633
Median Rent$1,866/month
Population191,335
Leading IndustriesHealthcare · Transportation · Finance & Insurance12% healthcare
Home Value Growth⬆⬆+14.8% over 2 years
Young Adults29% of residentsslightly above average
Homeowners61% of occupied units
NotableHigh Incomes$104k/year · top 12% nationally
Covina-Valley
CA

Frequently Asked Questions

What are today's mortgage rates in Covina-Valley?

As of today, the 30-year fixed mortgage rate for Covina-Valley is approximately 6.825% (6.859% 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 Covina-Valley
What is the median home price in Covina-Valley?

The median home value in Covina-Valley is $667k. The median monthly rent is $1,866. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Covina-Valley?

Home values in Covina-Valley have increased 14.8% 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 Covina-Valley?

Based on a typical all-in ownership cost of $2,106/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $90k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Covina-Valley is $104k/year.

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What industries drive the economy in Covina-Valley?

The largest employment sectors in Covina-Valley are public administration (24%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.