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Mendocino

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

Median Home$461,759
Median Rent$1,880/month
Population88,107
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services16% healthcare
Home Value Growth⬆⬆+15.2% over 2 years
Young Adults28% of residentsnear the national average
Homeowners69% of occupied units
NotableHighly Educated32% bachelor's · 15% graduate · top 3% nationally
NotableHigh Incomes$116k/year · top 7% nationally
Mendocino
CA

Frequently Asked Questions

What are today's mortgage rates in Mendocino?

As of today, the 30-year fixed mortgage rate for Mendocino is approximately 6.872% (6.907% 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 Mendocino?

The median home value in Mendocino is $462k. The median monthly rent is $1,880. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mendocino?

Home values in Mendocino have increased 15.2% 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 Mendocino?

Based on a typical all-in ownership cost of $1,825/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $78k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mendocino is $116k/year.

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What industries drive the economy in Mendocino?

The largest employment sectors in Mendocino are public administration (24%) and healthcare (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.