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Talmage

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

Median Home$649,000
Median Rent$1,223/month
Population1,083
Leading IndustriesManufacturing · Transportation1% manufacturing
Home Value Growth+3.5% over 2 years
Retirees25% of residentsabove average nationally
Homeowners78% of occupied units
NotableHigh Incomes$94k/year · top 21% nationally
Talmage
CA

Frequently Asked Questions

What are today's mortgage rates in Talmage?

As of today, the 30-year fixed mortgage rate for Talmage is approximately 6.917% (6.954% 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 Talmage?

The median home value in Talmage is $649k. The median monthly rent is $1,223. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Talmage?

Home values in Talmage have increased 3.5% 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 Talmage?

Based on a typical all-in ownership cost of $1,924/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $82k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Talmage is $94k/year.

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What industries drive the economy in Talmage?

The largest employment sectors in Talmage are public administration (25%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.