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Montague

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

Median Home$261,801
Median Rent$892/month
Population2,093
Leading IndustriesEducation · Wholesale Trade · Healthcare6% education
Home Value Growth+8.9% over 2 years
Retirees29% of residentstop 2% nationally
Homeowners81% of occupied units
NotableAffordable Market$262k median home · lower cost than 72% of the country
Montague
CA

Frequently Asked Questions

What are today's mortgage rates in Montague?

As of today, the 30-year fixed mortgage rate for Montague is approximately 6.959% (7.000% 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 Montague?

The median home value in Montague is $262k. The median monthly rent is $892. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Montague?

Home values in Montague have increased 8.9% 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 Montague?

Based on a typical all-in ownership cost of $941/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Montague is $59k/year.

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What industries drive the economy in Montague?

The largest employment sectors in Montague are public administration (23%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.