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Silverado

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

Median Home$840,200
Median Rent$2,103/month
Population1,016
Leading IndustriesArts, Food & Hospitality · Healthcare · Information & Media16% arts, food & hospitality
Home Value Growth⬆⬆+13.8% over 2 years
Family-Friendly22% of residents
Homeowners85% of occupied units
NotableHighly Educated31% hold a bachelor's degree · top 7% nationally
NotableHigh Incomes$98k/year · top 19% nationally
Silverado
CA

Frequently Asked Questions

What are today's mortgage rates in Silverado?

As of today, the 30-year fixed mortgage rate for Silverado is approximately 6.787% (6.819% 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 Silverado?

The median home value in Silverado is $840k. The median monthly rent is $2,103. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Silverado?

Home values in Silverado have increased 13.8% 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 Silverado?

Based on a typical all-in ownership cost of $2,340/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $100k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Silverado is $98k/year.

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What industries drive the economy in Silverado?

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