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Garden Grove

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

Median Home$793,951
Median Rent$2,209/month
Population171,057
Leading IndustriesRetail · Education14% retail
Home Value Growth⬆⬆+18.5% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners54% of occupied units
NotableAmenity Score74/100 · highly walkable area
NotableHigh Incomes$98k/year · top 18% nationally
Garden Grove
CA

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 6.903% (6.939% 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 $794k. The median monthly rent is $2,209. Annual property taxes average $5k. 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 18.5% 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 $2,091/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 Garden Grove is $98k/year.

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What industries drive the economy in Garden Grove?

The largest employment sectors in Garden Grove are public administration (21%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.