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Fairmead

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

Median Home$387,264
Median Rent$1,290/month
Population1,124
Leading IndustriesConstruction · Agriculture & Mining · Transportation24% construction
Home Value Growth⬆⬆⬆+30.1% over 2 years
Young Adults37% of residentstop 4% nationally
Renters54% of occupied units
Fairmead
CA

Frequently Asked Questions

What are today's mortgage rates in Fairmead?

As of today, the 30-year fixed mortgage rate for Fairmead is approximately 6.852% (6.886% 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 Fairmead?

The median home value in Fairmead is $387k. The median monthly rent is $1,290. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Fairmead?

Home values in Fairmead have increased 30.1% 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 Fairmead?

Based on a typical all-in ownership cost of $1,313/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $56k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Fairmead is $58k/year.

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What industries drive the economy in Fairmead?

The largest employment sectors in Fairmead are agriculture and mining (24%) and construction (24%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.