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Soledad

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

Median Home$594,846
Median Rent$1,765/month
Population26,259
Leading IndustriesWholesale Trade · Construction · Agriculture & Mining19% wholesale trade
Home Value Growth⬆⬆+17.6% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners57% of occupied units
NotableHigh Incomes$102k/year · top 16% nationally
Soledad
CA

Frequently Asked Questions

What are today's mortgage rates in Soledad?

As of today, the 30-year fixed mortgage rate for Soledad is approximately 6.951% (6.989% 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 Soledad?

The median home value in Soledad is $595k. The median monthly rent is $1,765. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Soledad?

Home values in Soledad have increased 17.6% 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 Soledad?

Based on a typical all-in ownership cost of $1,794/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $77k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Soledad is $102k/year.

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What industries drive the economy in Soledad?

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