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Little Lake

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

Median Home$667,510
Median Rent$2,106/month
Population35,425
Leading IndustriesRetail · Transportation · Finance & Insurance14% retail
Home Value Growth⬆⬆+11.8% over 2 years
Retirees21% of residentsslightly above average
Homeowners75% of occupied units
NotableHigh Incomes$106k/year · top 29% nationally
Little Lake City
CA

Frequently Asked Questions

What are today's mortgage rates in Little Lake?

As of today, the 30-year fixed mortgage rate for Little Lake is approximately 6.806% (6.839% 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 Little Lake?

The median home value in Little Lake is $668k. The median monthly rent is $2,106. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Little Lake?

Home values in Little Lake have increased 11.8% 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 Little Lake?

Based on a typical all-in ownership cost of $2,058/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $88k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Little Lake is $106k/year.

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What industries drive the economy in Little Lake?

The largest employment sectors in Little Lake are public administration (24%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.