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West Covina

Learn about the people, housing, costs and businesses in West Covina, California

Median Home$764,508
Median Rent$2,270/month
Population107,379
Leading IndustriesTransportation · Information & Media · Manufacturing4% transportation
Home Value Growth⬆⬆+17.4% over 2 years
Young Adults29% of residentsslightly above average
Homeowners61% of occupied units
NotableAmenity Score70/100 · highly walkable area
NotableHigh Incomes$101k/year · top 16% nationally
West Covina
CA

Frequently Asked Questions

What are today's mortgage rates in West Covina?

As of today, the 30-year fixed mortgage rate for West Covina is approximately 6.810% (6.843% 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 West Covina?

The median home value in West Covina is $765k. The median monthly rent is $2,270. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in West Covina?

Home values in West Covina have increased 17.4% 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 West Covina?

Based on a typical all-in ownership cost of $2,237/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $96k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in West Covina is $101k/year.

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What industries drive the economy in West Covina?

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