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Palo Verde Union

Learn about the people, housing, costs and businesses in Palo Verde Union, California

Median Home$181,427
Median Rent$984/month
Population9,207
Leading IndustriesFinance & Insurance · Manufacturing · Information & Media6% finance & insurance
Home Value Growth⬆⬆⬆+24.3% over 2 years
Family-Friendly26% of residentswell above average
Homeowners71% of occupied units
NotableAffordable Market$181k median home · lower cost than 87% of the country
Palo Verde Union
CA

Frequently Asked Questions

What are today's mortgage rates in Palo Verde Union?

As of today, the 30-year fixed mortgage rate for Palo Verde Union is approximately 6.995% (7.035% 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 Palo Verde Union
What is the median home price in Palo Verde Union?

The median home value in Palo Verde Union is $181k. The median monthly rent is $984. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Palo Verde Union?

Home values in Palo Verde Union have increased 24.3% 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 Palo Verde Union?

Based on a typical all-in ownership cost of $987/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $42k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Palo Verde Union is $74k/year.

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What industries drive the economy in Palo Verde Union?

The largest employment sectors in Palo Verde Union are public administration (25%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.