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Romoland

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

Median Home$448,639
Median Rent$2,000/month
Population45,102
Leading IndustriesFinance & Insurance · Information & Media · Construction9% finance & insurance
Home Value Growth+10.7% over 2 years
Family-Friendly26% of residentswell above average
Homeowners78% of occupied units
Romoland
CA

Frequently Asked Questions

What are today's mortgage rates in Romoland?

As of today, the 30-year fixed mortgage rate for Romoland is approximately 6.843% (6.877% 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 Romoland?

The median home value in Romoland is $449k. The median monthly rent is $2,000. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Romoland?

Home values in Romoland have increased 10.7% 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 Romoland?

Based on a typical all-in ownership cost of $1,922/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $82k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Romoland is $90k/year.

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What industries drive the economy in Romoland?

The largest employment sectors in Romoland are public administration (22%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.