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South Gate

Learn about the people, housing, costs and businesses in South Gate, California

Median Home$635,120
Median Rent$1,572/month
Population91,477
Leading IndustriesFinance & Insurance · Information & Media · Transportation11% finance & insurance
Home Value Growth⬆⬆+19.9% over 2 years
Young Adults32% of residentsabove average nationally
Renters55% of occupied units
South Gate
CA

Frequently Asked Questions

What are today's mortgage rates in South Gate?

As of today, the 30-year fixed mortgage rate for South Gate is approximately 6.840% (6.874% 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 South Gate?

The median home value in South Gate is $635k. The median monthly rent is $1,572. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in South Gate?

Home values in South Gate have increased 19.9% 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 South Gate?

Based on a typical all-in ownership cost of $1,622/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $70k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in South Gate is $75k/year.

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What industries drive the economy in South Gate?

The largest employment sectors in South Gate are public administration (19%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.