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South Pasadena

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

Median Home$1,420,311
Median Rent$2,171/month
Population26,837
Leading IndustriesProfessional Services · Arts, Food & Hospitality · Healthcare5% professional services
Home Value Growth⬆⬆+12.9% over 2 years
Family-Friendly23% of residentsnear the national average
Renters55% of occupied units
NotableHighly Educated37% bachelor's · 18% graduate · top 1% nationally
NotableHigh Incomes$133k/year · top 3% nationally
South Pasadena
CA

Frequently Asked Questions

What are today's mortgage rates in South Pasadena?

As of today, the 30-year fixed mortgage rate for South Pasadena is approximately 7.003% (7.036% 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 Pasadena?

The median home value in South Pasadena is $1.4M. The median monthly rent is $2,171. Annual property taxes average $9k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in South Pasadena?

Home values in South Pasadena have increased 12.9% 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 Pasadena?

Based on a typical all-in ownership cost of $2,474/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $106k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in South Pasadena is $133k/year.

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What industries drive the economy in South Pasadena?

The largest employment sectors in South Pasadena are public administration (24%) and healthcare (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.