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Magnolia Union

Learn about the people, housing, costs and businesses in Magnolia Union, California

Median Home$334,148
Median Rent$1,916/month
Population35,881
Leading IndustriesHealthcare · Wholesale Trade · Professional Services13% healthcare
Home Value Growth⬆⬆+12.8% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners68% of occupied units
Magnolia Union
CA

Frequently Asked Questions

What are today's mortgage rates in Magnolia Union?

As of today, the 30-year fixed mortgage rate for Magnolia Union is approximately 6.938% (6.976% 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 Magnolia Union?

The median home value in Magnolia Union is $334k. The median monthly rent is $1,916. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Magnolia Union?

Home values in Magnolia Union have increased 12.8% 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 Magnolia Union?

Based on a typical all-in ownership cost of $1,884/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $81k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Magnolia Union is $99k/year.

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What industries drive the economy in Magnolia Union?

The largest employment sectors in Magnolia Union are public administration (22%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.