Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Paradise

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

Median Home$426,502
Median Rent$1,249/month
Population7,250
Leading IndustriesEducation · Wholesale Trade · Professional Services5% education
Home Value Growth-1.2% over 2 years
Retirees40% of residentstop 2% nationally
Homeowners77% of occupied units
NotableVeteran Community15% of residents · top 2% nationally
NotableAmenity Score73/100 · highly walkable area
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 6.914% (6.951% 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 Paradise
What is the median home price in Paradise?

The median home value in Paradise is $427k. The median monthly rent is $1,249. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Paradise?

Home values in Paradise have decreased 1.2% 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?

Based on a typical all-in ownership cost of $1,332/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $57k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Paradise is $75k/year.

Calculate your buying power
What industries drive the economy in Paradise?

The largest employment sectors in Paradise are public administration (28%) and wholesale trade (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.