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Norris Canyon

Learn about the people, housing, costs and businesses in Norris Canyon, California

Median Home$1,642,031
Median Rent$3,501/month
Population1,295
Leading IndustriesArts, Food & Hospitality · Healthcare · Transportation18% arts, food & hospitality
Home Value Growth-10.1% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners82% of occupied units
NotableHigh Incomes$226k/year · top 1% nationally
NotableHighly Educated39% bachelor's · 25% graduate · top 1% nationally
Norris Canyon
CA

Frequently Asked Questions

What are today's mortgage rates in Norris Canyon?

As of today, the 30-year fixed mortgage rate for Norris Canyon is approximately 6.841% (6.875% 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 Norris Canyon?

The median home value in Norris Canyon is $1.6M. The median monthly rent is $3,501. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Norris Canyon?

Home values in Norris Canyon have decreased 10.1% over the past two years. Buyers may find more negotiating room in this market. 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 Norris Canyon?

Based on a typical all-in ownership cost of $3,801/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $163k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Norris Canyon is $226k/year.

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What industries drive the economy in Norris Canyon?

The largest employment sectors in Norris Canyon are public administration (24%) and healthcare (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.