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Likely

Learn about the people, housing, costs and businesses in Likely, California

Median Home$271,500
Median Rent$1,063/month
Population61
Leading IndustriesInformation & Media · Finance & Insurance · Construction18% information & media
Home Value Growth+7.7% over 2 years
Retirees39% of residentstop 2% nationally
Homeowners80% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
Likely
CA

Frequently Asked Questions

What are today's mortgage rates in Likely?

As of today, the 30-year fixed mortgage rate for Likely 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 Likely?

The median home value in Likely is $272k. The median monthly rent is $1,063. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Likely?

Home values in Likely have increased 7.7% over the past two years. This represents moderate growth. 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 Likely?

Based on a typical all-in ownership cost of $605/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $26k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Likely is $62k/year.

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What industries drive the economy in Likely?

The largest employment sectors in Likely are information and media (18%) and public administration (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.