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Mexican Colony

Learn about the people, housing, costs and businesses in Mexican Colony, California

Median Home$312,300
Median Rent$1,229/month
Population272
Leading IndustriesAgriculture & Mining · Construction · Manufacturing29% agriculture & mining
Home Value Growth⬆⬆+18.1% over 2 years
Family-Friendly34% of residentstop 1% nationally
Homeowners56% of occupied units
Mexican Colony
CA

Frequently Asked Questions

What are today's mortgage rates in Mexican Colony?

As of today, the 30-year fixed mortgage rate for Mexican Colony is approximately 6.823% (6.856% 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 Mexican Colony?

The median home value in Mexican Colony is $312k. The median monthly rent is $1,229. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mexican Colony?

Home values in Mexican Colony have increased 18.1% 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 Mexican Colony?

Based on a typical all-in ownership cost of $1,225/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 Mexican Colony is $69k/year.

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What industries drive the economy in Mexican Colony?

The largest employment sectors in Mexican Colony are agriculture and mining (29%) and construction (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.