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Shell Ridge

Learn about the people, housing, costs and businesses in Shell Ridge, California

Median Home$1,284,275
Median Rent$2,725/month
Population978
Leading IndustriesArts, Food & Hospitality · Education · Healthcare16% arts, food & hospitality
Home Value Growth+7.4% over 2 years
Retirees26% of residentsabove average nationally
Homeowners71% of occupied units
NotableHigh Incomes$165k/year · top 3% nationally
NotableHighly Educated30% bachelor's · 20% graduate · top 9% nationally
Shell Ridge
CA

Frequently Asked Questions

What are today's mortgage rates in Shell Ridge?

As of today, the 30-year fixed mortgage rate for Shell Ridge is approximately 6.823% (6.856% 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 Shell Ridge?

The median home value in Shell Ridge is $1.3M. The median monthly rent is $2,725. Annual property taxes average $9k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Shell Ridge?

Home values in Shell Ridge have increased 7.4% 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 Shell Ridge?

Based on a typical all-in ownership cost of $2,820/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $121k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Shell Ridge is $165k/year.

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What industries drive the economy in Shell Ridge?

The largest employment sectors in Shell Ridge are public administration (19%) and healthcare (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.