Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Fallbrook

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

Median Home$768,864
Median Rent$2,185/month
Population32,160
Leading IndustriesWholesale Trade · Healthcare · Construction12% wholesale trade
Home Value Growth⬆⬆+15.2% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners58% of occupied units
NotableHigh Incomes$96k/year · top 20% nationally
NotableVeteran Community9% of residents · top 22% nationally
Fallbrook
CA

Frequently Asked Questions

What are today's mortgage rates in Fallbrook?

As of today, the 30-year fixed mortgage rate for Fallbrook is approximately 6.795% (6.827% 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 Fallbrook
What is the median home price in Fallbrook?

The median home value in Fallbrook is $769k. The median monthly rent is $2,185. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Fallbrook?

Home values in Fallbrook have increased 15.2% 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 Fallbrook?

Based on a typical all-in ownership cost of $2,103/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $90k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Fallbrook is $96k/year.

Calculate your buying power
What industries drive the economy in Fallbrook?

The largest employment sectors in Fallbrook are public administration (19%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.