Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

New Jerusalem

Learn about the people, housing, costs and businesses in New Jerusalem, California

Median Home$328,826
Median Rent$2,051/month
Population3,052
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services21% healthcare
Home Value Growth⬆⬆⬆+35.3% over 2 years
Family-Friendly24% of residentsabove average nationally
Homeowners85% of occupied units
NotableHighly Educated33% bachelor's · 16% graduate · top 1% nationally
New Jerusalem
CA

Frequently Asked Questions

What are today's mortgage rates in New Jerusalem?

As of today, the 30-year fixed mortgage rate for New Jerusalem is approximately 6.773% (6.805% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for New Jerusalem
What is the median home price in New Jerusalem?

The median home value in New Jerusalem is $329k. The median monthly rent is $2,051. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in New Jerusalem?

Home values in New Jerusalem have increased 35.3% 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 New Jerusalem?

Based on a typical all-in ownership cost of $1,414/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $61k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in New Jerusalem is $91k/year.

Calculate your buying power
What industries drive the economy in New Jerusalem?

The largest employment sectors in New Jerusalem are healthcare (21%) and public administration (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.