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Phoenix Lake

Learn about the people, housing, costs and businesses in Phoenix Lake, California

Median Home$498,554
Median Rent$1,324/month
Population4,828
Leading IndustriesInformation & Media · Education · Wholesale Trade10% information & media
Home Value Growth+1.6% over 2 years
Retirees30% of residentswell above average
Homeowners87% of occupied units
NotableHigh Incomes$99k/year · top 18% nationally
NotableVeteran Community9% of residents · top 22% nationally
Phoenix Lake
CA

Frequently Asked Questions

What are today's mortgage rates in Phoenix Lake?

As of today, the 30-year fixed mortgage rate for Phoenix Lake is approximately 6.887% (6.923% 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 Phoenix Lake?

The median home value in Phoenix Lake is $499k. The median monthly rent is $1,324. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Phoenix Lake?

Home values in Phoenix Lake have increased 1.6% over the past two years. The market has been relatively stable. 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 Phoenix Lake?

Based on a typical all-in ownership cost of $1,710/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $73k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Phoenix Lake is $99k/year.

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What industries drive the economy in Phoenix Lake?

The largest employment sectors in Phoenix Lake are public administration (21%) and wholesale trade (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.