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Taft Heights

Learn about the people, housing, costs and businesses in Taft Heights, California

Median Home$205,200
Median Rent$996/month
Population1,981
Leading IndustriesRetail · Transportation23% retail
Home Value Growth+10.8% over 2 years
Family-Friendly25% of residentsslightly above average
Renters53% of occupied units
Taft Heights
CA

Frequently Asked Questions

What are today's mortgage rates in Taft Heights?

As of today, the 30-year fixed mortgage rate for Taft Heights is approximately 6.986% (7.025% 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 Taft Heights?

The median home value in Taft Heights is $205k. The median monthly rent is $996. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Taft Heights?

Home values in Taft Heights have increased 10.8% 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 Taft Heights?

Based on a typical all-in ownership cost of $899/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Taft Heights is $53k/year.

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What industries drive the economy in Taft Heights?

The largest employment sectors in Taft Heights are retail (23%) and public administration (22%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.