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Pomona

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

Median Home$523,168
Median Rent$1,802/month
Population197,949
Leading IndustriesEducation · Finance & Insurance · Information & Media4% education
Home Value Growth⬆⬆+15.6% over 2 years
Young Adults33% of residentswell above average
Homeowners63% of occupied units
Pomona
CA

Frequently Asked Questions

What are today's mortgage rates in Pomona?

As of today, the 30-year fixed mortgage rate for Pomona is approximately 6.838% (6.872% 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 Pomona?

The median home value in Pomona is $523k. The median monthly rent is $1,802. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Pomona?

Home values in Pomona have increased 15.6% 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 Pomona?

Based on a typical all-in ownership cost of $1,684/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $72k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Pomona is $85k/year.

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What industries drive the economy in Pomona?

The largest employment sectors in Pomona are public administration (23%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.