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Lake Almanor West

Learn about the people, housing, costs and businesses in Lake Almanor West, California

Median Home$580,600
Population241
Leading IndustriesEducation · Healthcare · Arts, Food & Hospitality3% education
Home Value Growth+1.5% over 2 years
Retirees30% of residentswell above average
Homeowners93% of occupied units
NotableHigh Incomes$95k/year · top 20% nationally
NotableVeteran Community9% of residents · top 22% nationally
Lake Almanor West
CA

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Lake Almanor West?

As of today, the 30-year fixed mortgage rate for Lake Almanor West is approximately 6.930% (6.967% 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 Lake Almanor West?

The median home value in Lake Almanor West is $581k. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lake Almanor West?

Home values in Lake Almanor West have increased 1.5% over the past two years. The market has been relatively stable. 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 Lake Almanor West?

Based on a typical all-in ownership cost of $1,756/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $75k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lake Almanor West is $95k/year.

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What industries drive the economy in Lake Almanor West?

The largest employment sectors in Lake Almanor West are public administration (21%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.