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South Monrovia Island

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

Median Home$702,811
Median Rent$1,785/month
Population6,840
Leading IndustriesInformation & Media · Wholesale Trade · Professional Services8% information & media
Home Value Growth+4.7% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners64% of occupied units
NotableAmenity Score76/100 · highly walkable area
NotableTransit84/100 · excellent transit access
South Monrovia Island
CA

Explore South Monrovia Island

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

Frequently Asked Questions

What are today's mortgage rates in South Monrovia Island?

As of today, the 30-year fixed mortgage rate for South Monrovia Island is approximately 6.800% (6.833% 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 Monrovia Island?

The median home value in South Monrovia Island is $703k. The median monthly rent is $1,785. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in South Monrovia Island?

Home values in South Monrovia Island have increased 4.7% 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 South Monrovia Island?

Based on a typical all-in ownership cost of $1,873/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $80k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in South Monrovia Island is $93k/year.

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What industries drive the economy in South Monrovia Island?

The largest employment sectors in South Monrovia Island are public administration (26%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.