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Paradise

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

Median Home$546,586
Median Rent$1,509/month
Population899
Leading IndustriesArts, Food & Hospitality · Finance & Insurance · Information & Media9% arts, food & hospitality
Home Value Growth+4.5% over 2 years
Retirees20% of residentsnear the national average
Homeowners63% of occupied units
NotableVeteran Community12% of residents · top 1% nationally
Paradise
CA

Frequently Asked Questions

What are today's mortgage rates in Paradise?

As of today, the 30-year fixed mortgage rate for Paradise 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 Paradise?

The median home value in Paradise is $547k. The median monthly rent is $1,509. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Paradise?

Home values in Paradise have increased 4.5% 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 Paradise?

Based on a typical all-in ownership cost of $1,655/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $71k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Paradise is $87k/year.

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What industries drive the economy in Paradise?

The largest employment sectors in Paradise are public administration (24%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.