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Elk Creek

Learn about the people, housing, costs and businesses in Elk Creek, California

Median Home$408,100
Median Rent$1,674/month
Population138
Leading IndustriesConstruction · Agriculture & Mining · Public Administration20% construction
Home Value Growth⬆⬆⬆+46.0% over 2 years
Retirees28% of residentswell above average
Homeowners67% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Elk Creek
CA

Frequently Asked Questions

What are today's mortgage rates in Elk Creek?

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

The median home value in Elk Creek is $408k. The median monthly rent is $1,674. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Elk Creek?

Home values in Elk Creek have increased 46.0% 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 Elk Creek?

Based on a typical all-in ownership cost of $1,015/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $44k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Elk Creek is $79k/year.

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What industries drive the economy in Elk Creek?

The largest employment sectors in Elk Creek are public administration (32%) and agriculture and mining (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.