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Platina

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

Median Home$404,700
Median Rent$1,583/month
Population12
Leading IndustriesInformation & Media · Finance & Insurance · Arts, Food & Hospitality9% information & media
Home Value Growth-2.3% over 2 years
Retirees25% of residentsabove average nationally
NotableHigh Incomes$101k/year · top 17% nationally
NotableVeteran Community9% of residents · top 22% nationally
Platina
CA

Frequently Asked Questions

What are today's mortgage rates in Platina?

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

The median home value in Platina is $405k. The median monthly rent is $1,583. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Platina?

Home values in Platina have decreased 2.3% 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 Platina?

Based on a typical all-in ownership cost of $1,429/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $61k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Platina is $101k/year.

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What industries drive the economy in Platina?

The largest employment sectors in Platina are public administration (23%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.