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Tranquillity

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

Median Home$299,500
Median Rent$1,025/month
Population718
Leading IndustriesAgriculture & Mining · Construction · Transportation49% agriculture & mining
Home Value Growth⬆⬆+16.5% over 2 years
Family-Friendly36% of residentstop 1% nationally
Renters59% of occupied units
Tranquillity
CA

Frequently Asked Questions

What are today's mortgage rates in Tranquillity?

As of today, the 30-year fixed mortgage rate for Tranquillity is approximately 6.823% (6.856% 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 Tranquillity?

The median home value in Tranquillity is $300k. The median monthly rent is $1,025. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Tranquillity?

Home values in Tranquillity have increased 16.5% 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 Tranquillity?

Based on a typical all-in ownership cost of $1,030/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $44k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Tranquillity is $45k/year.

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What industries drive the economy in Tranquillity?

The largest employment sectors in Tranquillity are agriculture and mining (49%) and construction (49%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.