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Cowan

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

Median Home$349,000
Median Rent$1,505/month
Population342
Leading IndustriesFinance & Insurance · Information & Media · Construction11% finance & insurance
Home Value Growth+3.1% over 2 years
Family-Friendly29% of residentswell above average
Homeowners68% of occupied units
Cowan
CA

Frequently Asked Questions

What are today's mortgage rates in Cowan?

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

The median home value in Cowan is $349k. The median monthly rent is $1,505. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cowan?

Home values in Cowan have increased 3.1% over the past two years. This represents moderate growth. 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 Cowan?

Based on a typical all-in ownership cost of $1,224/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $52k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cowan is $68k/year.

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What industries drive the economy in Cowan?

The largest employment sectors in Cowan are public administration (19%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.