Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Lemon Cove

Learn about the people, housing, costs and businesses in Lemon Cove, California

Median Home$428,554
Median Rent$1,231/month
Population280
Leading IndustriesTransportation · Construction · Agriculture & Mining5% transportation
Home Value Growth⬆⬆+17.7% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners71% of occupied units
NotableHigh Incomes$86k/year · top 29% nationally
Lemon Cove
CA

Frequently Asked Questions

What are today's mortgage rates in Lemon Cove?

As of today, the 30-year fixed mortgage rate for Lemon Cove 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.

View current rates for Lemon Cove
What is the median home price in Lemon Cove?

The median home value in Lemon Cove is $429k. The median monthly rent is $1,231. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lemon Cove?

Home values in Lemon Cove have increased 17.7% 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 Lemon Cove?

Based on a typical all-in ownership cost of $1,413/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $61k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lemon Cove is $86k/year.

Calculate your buying power
What industries drive the economy in Lemon Cove?

The largest employment sectors in Lemon Cove are public administration (23%) and agriculture and mining (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.