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Snelling-Merced Falls Union

Learn about the people, housing, costs and businesses in Snelling-Merced Falls Union, California

Median Home$780,761
Median Rent$1,089/month
Population734
Leading IndustriesWholesale Trade · Transportation · Construction13% wholesale trade
Home Value Growth⬆⬆⬆+24.3% over 2 years
Family-Friendly26% of residentswell above average
Homeowners65% of occupied units
NotableVeteran Community8% of residents · top 18% nationally
NotableHigh Incomes$107k/year · top 29% nationally
Snelling-Merced Falls Union
CA

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Snelling-Merced Falls Union?

As of today, the 30-year fixed mortgage rate for Snelling-Merced Falls Union 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 Snelling-Merced Falls Union?

The median home value in Snelling-Merced Falls Union is $781k. The median monthly rent is $1,089. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Snelling-Merced Falls Union?

Home values in Snelling-Merced Falls Union have increased 24.3% 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 Snelling-Merced Falls Union?

Based on a typical all-in ownership cost of $1,659/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $71k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Snelling-Merced Falls Union is $107k/year.

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What industries drive the economy in Snelling-Merced Falls Union?

The largest employment sectors in Snelling-Merced Falls Union are public administration (22%) and wholesale trade (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.