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Garden Grove

Learn about the people, housing, costs and businesses in Garden Grove, Florida

Median Home$327,300
Median Rent$991/month
Population886
Leading IndustriesFinance & Insurance · Information & Media · Wholesale Trade8% finance & insurance
Home Value Growth⬆⬆⬆+41.3% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners94% of occupied units
NotableVeteran Community12% of residents · top 6% nationally
Garden Grove
FL

Frequently Asked Questions

What are today's mortgage rates in Garden Grove?

As of today, the 30-year fixed mortgage rate for Garden Grove is approximately 6.873% (6.908% 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 Garden Grove?

The median home value in Garden Grove is $327k. The median monthly rent is $991. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Garden Grove?

Home values in Garden Grove have increased 41.3% 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 Garden Grove?

Based on a typical all-in ownership cost of $979/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $42k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Garden Grove is $75k/year.

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What industries drive the economy in Garden Grove?

The largest employment sectors in Garden Grove are public administration (24%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.