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Rio del Mar

Learn about the people, housing, costs and businesses in Rio del Mar, California

Median Home$1,347,033
Median Rent$3,387/month
Population9,201
Leading IndustriesArts, Food & Hospitality · Healthcare · Transportation14% arts, food & hospitality
Home Value Growth⬆⬆⬆+24.1% over 2 years
Retirees25% of residentsabove average nationally
Homeowners75% of occupied units
NotableHigh Incomes$164k/year · top 3% nationally
NotableHighly Educated34% bachelor's · 20% graduate · top 4% nationally
Rio del Mar
CA

Frequently Asked Questions

What are today's mortgage rates in Rio del Mar?

As of today, the 30-year fixed mortgage rate for Rio del Mar is approximately 6.788% (6.820% 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 Rio del Mar?

The median home value in Rio del Mar is $1.3M. The median monthly rent is $3,387. Annual property taxes average $8k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rio del Mar?

Home values in Rio del Mar have increased 24.1% 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 Rio del Mar?

Based on a typical all-in ownership cost of $3,227/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $138k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rio del Mar is $164k/year.

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What industries drive the economy in Rio del Mar?

The largest employment sectors in Rio del Mar are public administration (27%) and healthcare (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.