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Lake San Marcos

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

Median Home$856,214
Median Rent$2,526/month
Population5,994
Leading IndustriesEducation · Arts, Food & Hospitality · Retail5% education
Home Value Growth⬆⬆+15.6% over 2 years
Retirees24% of residentsslightly above average
Homeowners75% of occupied units
NotableHighly Educated32% bachelor's · 12% graduate · top 6% nationally
NotableHigh Incomes$126k/year · top 7% nationally
Lake San Marcos
CA

Explore Lake San Marcos

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

Frequently Asked Questions

What are today's mortgage rates in Lake San Marcos?

As of today, the 30-year fixed mortgage rate for Lake San Marcos is approximately 6.787% (6.819% 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 San Marcos?

The median home value in Lake San Marcos is $856k. The median monthly rent is $2,526. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lake San Marcos?

Home values in Lake San Marcos have increased 15.6% 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 Lake San Marcos?

Based on a typical all-in ownership cost of $2,684/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $115k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lake San Marcos is $126k/year.

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What industries drive the economy in Lake San Marcos?

The largest employment sectors in Lake San Marcos are retail (21%) and public administration (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.