Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Elk Hills

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

Median Home$279,942
Median Rent$1,205/month
Population211
Leading IndustriesRetail · Finance & Insurance · Information & Media17% retail
Home Value Growth⬆⬆+12.2% over 2 years
Family-Friendly24% of residentsabove average nationally
Homeowners67% of occupied units
Elk Hills
CA

Frequently Asked Questions

What are today's mortgage rates in Elk Hills?

As of today, the 30-year fixed mortgage rate for Elk Hills 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.

View current rates for Elk Hills
What is the median home price in Elk Hills?

The median home value in Elk Hills is $280k. The median monthly rent is $1,205. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Elk Hills?

Home values in Elk Hills have increased 12.2% 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 Hills?

Based on a typical all-in ownership cost of $1,287/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $55k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Elk Hills is $86k/year.

Calculate your buying power
What industries drive the economy in Elk Hills?

The largest employment sectors in Elk Hills are public administration (21%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.