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Savanna

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

Median Home$738,836
Median Rent$2,222/month
Population30,611
Leading IndustriesTransportation · Finance & Insurance · Retail4% transportation
Home Value Growth⬆⬆+20.4% over 2 years
Young Adults30% of residentsabove average nationally
Renters52% of occupied units
Savanna
CA

Frequently Asked Questions

What are today's mortgage rates in Savanna?

As of today, the 30-year fixed mortgage rate for Savanna is approximately 6.798% (6.830% 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 Savanna?

The median home value in Savanna is $739k. The median monthly rent is $2,222. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Savanna?

Home values in Savanna have increased 20.4% 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 Savanna?

Based on a typical all-in ownership cost of $2,203/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $94k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Savanna is $94k/year.

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What industries drive the economy in Savanna?

The largest employment sectors in Savanna are public administration (22%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.