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Shafter

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

Median Home$288,191
Median Rent$1,360/month
Population20,217
Leading IndustriesConstruction · Agriculture & Mining · Manufacturing18% construction
Home Value Growth+8.9% over 2 years
Family-Friendly32% of residentstop 2% nationally
Homeowners60% of occupied units
NotableTransit82/100 · excellent transit access
Shafter
CA

Frequently Asked Questions

What are today's mortgage rates in Shafter?

As of today, the 30-year fixed mortgage rate for Shafter is approximately 6.899% (6.935% 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 Shafter?

The median home value in Shafter is $288k. The median monthly rent is $1,360. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Shafter?

Home values in Shafter have increased 8.9% over the past two years. This represents moderate growth. 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 Shafter?

Based on a typical all-in ownership cost of $1,428/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 Shafter is $69k/year.

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What industries drive the economy in Shafter?

The largest employment sectors in Shafter are agriculture and mining (20%) and public administration (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.