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Mayfair

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

Median Home$286,773
Median Rent$1,241/month
Population4,790
Leading IndustriesTransportation · Construction · Wholesale Trade4% transportation
Home Value Growth⬆⬆+14.8% over 2 years
Family-Friendly24% of residentsslightly above average
Renters61% of occupied units
Mayfair
CA

Frequently Asked Questions

What are today's mortgage rates in Mayfair?

As of today, the 30-year fixed mortgage rate for Mayfair is approximately 7.000% (7.040% 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 Mayfair?

The median home value in Mayfair is $287k. The median monthly rent is $1,241. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mayfair?

Home values in Mayfair have increased 14.8% 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 Mayfair?

Based on a typical all-in ownership cost of $1,232/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $53k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mayfair is $54k/year.

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What industries drive the economy in Mayfair?

The largest employment sectors in Mayfair are public administration (20%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.