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Manila

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

Median Home$424,200
Median Rent$1,580/month
Population944
Leading IndustriesFinance & Insurance · Professional Services · Information & Media15% finance & insurance
Home Value Growth+3.3% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners53% of occupied units
NotableTransit89/100 · excellent transit access
NotableHighly Educated29% hold a bachelor's degree · top 10% nationally
Manila
CA

Frequently Asked Questions

What are today's mortgage rates in Manila?

As of today, the 30-year fixed mortgage rate for Manila is approximately 6.932% (6.969% 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 Manila?

The median home value in Manila is $424k. The median monthly rent is $1,580. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Manila?

Home values in Manila have increased 3.3% 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 Manila?

Based on a typical all-in ownership cost of $1,347/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $58k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Manila is $59k/year.

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What industries drive the economy in Manila?

The largest employment sectors in Manila are public administration (31%) and information and media (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.