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El Cerrito

Learn about the people, housing, costs and businesses in El Cerrito, California

Median Home$1,079,081
Median Rent$2,861/month
Population25,896
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services21% healthcare
Home Value Growth+8.0% over 2 years
Young Adults29% of residentsslightly above average
Homeowners59% of occupied units
NotableHighly Educated35% bachelor's · 19% graduate · top 3% nationally
NotableHigh Incomes$137k/year · top 5% nationally
El Cerrito
CA

Frequently Asked Questions

What are today's mortgage rates in El Cerrito?

As of today, the 30-year fixed mortgage rate for El Cerrito is approximately 7.019% (7.052% 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 El Cerrito?

The median home value in El Cerrito is $1.1M. The median monthly rent is $2,861. Annual property taxes average $9k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in El Cerrito?

Home values in El Cerrito have increased 8.0% 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 El Cerrito?

Based on a typical all-in ownership cost of $2,749/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $118k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in El Cerrito is $137k/year.

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What industries drive the economy in El Cerrito?

The largest employment sectors in El Cerrito are public administration (31%) and healthcare (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.