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Elfin Forest

Learn about the people, housing, costs and businesses in Elfin Forest, California

Median Home$1,586,817
Median Rent$3,501/month
Population549
Leading IndustriesRetail · Healthcare · Arts, Food & Hospitality22% retail
Home Value Growth+2.1% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners96% of occupied units
NotableHigh Incomes$242k/year · top 1% nationally
NotableHighly Educated29% bachelor's · 12% graduate · top 10% nationally
Elfin Forest
CA

Frequently Asked Questions

What are today's mortgage rates in Elfin Forest?

As of today, the 30-year fixed mortgage rate for Elfin Forest is approximately 7.057% (7.098% 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 Elfin Forest?

The median home value in Elfin Forest is $1.6M. The median monthly rent is $3,501. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Elfin Forest?

Home values in Elfin Forest have increased 2.1% 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 Elfin Forest?

Based on a typical all-in ownership cost of $3,575/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $153k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Elfin Forest is $242k/year.

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What industries drive the economy in Elfin Forest?

The largest employment sectors in Elfin Forest are retail (22%) and public administration (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.