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Monterey Park Tract

Learn about the people, housing, costs and businesses in Monterey Park Tract, California

Median Home$396,300
Median Rent$1,529/month
Population162
Leading IndustriesConstruction · Agriculture & Mining · Transportation36% construction
Home Value Growth⬆⬆⬆+26.3% over 2 years
Family-Friendly24% of residentsslightly above average
Renters53% of occupied units
Monterey Park Tract
CA

Explore Monterey Park Tract

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Monterey Park Tract?

As of today, the 30-year fixed mortgage rate for Monterey Park Tract 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 Monterey Park Tract?

The median home value in Monterey Park Tract is $396k. The median monthly rent is $1,529. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Monterey Park Tract?

Home values in Monterey Park Tract have increased 26.3% 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 Monterey Park Tract?

Based on a typical all-in ownership cost of $1,553/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $67k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Monterey Park Tract is $60k/year.

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What industries drive the economy in Monterey Park Tract?

The largest employment sectors in Monterey Park Tract are agriculture and mining (36%) and construction (36%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.