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Vallejo

Learn about the people, housing, costs and businesses in Vallejo

Median Home$617,618
Median Rent$2,322/month
Population451,918
Leading IndustriesFinance & Insurance · Information & Media · Wholesale Trade6% finance & insurance
Home Value Growth+3.6% over 2 years
Young Adults29% of residents
Homeowners63% of occupied units
NotableHigh Incomes$107k/year · top 9% nationally
NotableVeteran Community8% of residents · top 28% nationally
Vallejo

Frequently Asked Questions

What are today's mortgage rates in Vallejo?

Mortgage rates for Vallejo are updated daily on Safe Rate using live investor pricing. Rates depend on your credit score, loan type (Conventional, FHA, VA, Jumbo), and down payment. A 30-year fixed rate is the most common product for home purchases.

View current rates for Vallejo
What is the median home price in Vallejo?

The median home value in Vallejo is $618k. The median monthly rent is $2,322. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Vallejo?

Home values in Vallejo have increased 3.6% 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 Vallejo?

Based on a typical all-in ownership cost of $2,293/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $98k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Vallejo is $107k/year.

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What industries drive the economy in Vallejo?

The largest employment sectors in Vallejo are public administration (23%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.