Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Yermo

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

Median Home$198,100
Population1,150
Leading IndustriesHealthcare · Arts, Food & Hospitality14% healthcare
Home Value Growth+8.3% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners55% of occupied units
Yermo
CA

Frequently Asked Questions

What are today's mortgage rates in Yermo?

As of today, the 30-year fixed mortgage rate for Yermo is approximately 6.905% (6.941% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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

The median home value in Yermo is $198k. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Yermo?

Home values in Yermo have increased 8.3% 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 Yermo?

Based on a typical all-in ownership cost of $694/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Yermo is $64k/year.

Calculate your buying power
What industries drive the economy in Yermo?

The largest employment sectors in Yermo are public administration (24%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.