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Parksdale

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

Median Home$274,700
Median Rent$1,656/month
Population2,885
Leading IndustriesConstruction · Agriculture & Mining · Finance & Insurance26% construction
Home Value Growth⬆⬆+13.4% over 2 years
Family-Friendly34% of residentstop 1% nationally
Homeowners57% of occupied units
Parksdale
CA

Frequently Asked Questions

What are today's mortgage rates in Parksdale?

As of today, the 30-year fixed mortgage rate for Parksdale is approximately 6.962% (7.000% 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 Parksdale?

The median home value in Parksdale is $275k. The median monthly rent is $1,656. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Parksdale?

Home values in Parksdale have increased 13.4% 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 Parksdale?

Based on a typical all-in ownership cost of $1,331/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 Parksdale is $52k/year.

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What industries drive the economy in Parksdale?

The largest employment sectors in Parksdale are agriculture and mining (26%) and construction (26%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.