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Fairhaven

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

Median Home$424,200
Median Rent$1,580/month
Population195
Leading IndustriesFinance & Insurance · Professional Services · Information & Media15% finance & insurance
Home Value Growth+3.3% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners54% of occupied units
NotableTransit89/100 · excellent transit access
NotableHighly Educated29% hold a bachelor's degree · top 10% nationally
Fairhaven
CA

Frequently Asked Questions

What are today's mortgage rates in Fairhaven?

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

The median home value in Fairhaven is $424k. The median monthly rent is $1,580. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Fairhaven?

Home values in Fairhaven have increased 3.3% 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 Fairhaven?

Based on a typical all-in ownership cost of $1,347/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $58k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Fairhaven is $59k/year.

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What industries drive the economy in Fairhaven?

The largest employment sectors in Fairhaven are public administration (31%) and information and media (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.