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Lake Davis

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

Median Home$297,500
Median Rent$934/month
Population80
Leading IndustriesTransportation · Finance & Insurance · Agriculture & Mining6% transportation
Home Value Growth-2.7% over 2 years
Retirees28% of residentswell above average
Homeowners71% of occupied units
NotableVeteran Community12% of residents · top 6% nationally
Lake Davis
CA

Frequently Asked Questions

What are today's mortgage rates in Lake Davis?

As of today, the 30-year fixed mortgage rate for Lake Davis is approximately 6.823% (6.856% 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 Davis?

The median home value in Lake Davis is $298k. The median monthly rent is $934. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lake Davis?

Home values in Lake Davis have decreased 2.7% over the past two years. Buyers may find more negotiating room in this market. 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 Davis?

Based on a typical all-in ownership cost of $1,066/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $46k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lake Davis is $54k/year.

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What industries drive the economy in Lake Davis?

The largest employment sectors in Lake Davis are agriculture and mining (17%) and construction (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.