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Los Molinos

Learn about the people, housing, costs and businesses in Los Molinos, California

Median Home$244,800
Median Rent$1,045/month
Population1,871
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services19% arts, food & hospitality
Home Value Growth-4.4% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners63% of occupied units
NotableHighly Educated30% bachelor's · 29% graduate · top 9% nationally
Los Molinos
CA

Frequently Asked Questions

What are today's mortgage rates in Los Molinos?

As of today, the 30-year fixed mortgage rate for Los Molinos is approximately 6.790% (6.822% 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 Los Molinos?

The median home value in Los Molinos is $245k. The median monthly rent is $1,045. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Los Molinos?

Home values in Los Molinos have decreased 4.4% 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 Los Molinos?

Based on a typical all-in ownership cost of $1,105/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $47k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Los Molinos is $48k/year.

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What industries drive the economy in Los Molinos?

The largest employment sectors in Los Molinos are public administration (29%) and healthcare (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.