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Paradise Park

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

Median Home$1,049,004
Median Rent$2,259/month
Population334
Leading IndustriesHealthcare · Arts, Food & Hospitality · Wholesale Trade24% healthcare
Home Value Growth-1.8% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners73% of occupied units
NotableTransit95/100 · excellent transit access
NotableHighly Educated38% hold a bachelor's degree · top 2% nationally
Paradise Park
CA

Frequently Asked Questions

What are today's mortgage rates in Paradise Park?

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

The median home value in Paradise Park is $1.0M. The median monthly rent is $2,259. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Paradise Park?

Home values in Paradise Park have decreased 1.8% 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 Paradise Park?

Based on a typical all-in ownership cost of $2,409/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $103k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Paradise Park is $131k/year.

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What industries drive the economy in Paradise Park?

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