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Debt relief in Maywood, California

The typical owner-occupied home in Maywood is worth about $634,400, 14% below the California median of $734,700 and 91% above the national median of $332,700. Owners pay a median $3,987 a year in property taxes, about 0.63% of their home's value, lower than the California rate of 0.70%. The median household earns $60,943 a year, so the median home costs 10.4 times the median income (7.4 times for California). 31% of occupied homes here are lived in by their owners, and 56% of those owners still have a mortgage.

Maywood at a glance

Maywood California U.S.
Median home value $634,400 $734,700 $332,700
Median property tax paid per year $3,987 $5,124 $3,119
Property tax as a share of value 0.63% 0.70% 0.94%
Median household income $60,943 $99,122 $80,734
Homes lived in by their owners 31% 56% 65%
Owner homes with a mortgage 56% 67% 61%
Median monthly costs, owners with a mortgage $2,262 $2,946 $1,963
Those costs as a share of the owners' income 30.3% 24.8% 21.0%
Median rent $1,525 $2,036 $1,413
Rent as a share of renters' income 33.5% 32.8% 30.6%
Median year homes were built 1953 1976 1980
Vacant homes 1.9% 7.5% 10.1%
People below the poverty line 19.4% 12.0% 12.5%
Population 24,317 39,287,377 334,922,499

Household budgets and debt in Maywood

In Maywood, the typical owner with a mortgage spends 30.3% of household income on housing and the typical renter spends 33.5%. Above 30% is generally considered cost-burdened, which leaves less room for other debts.

19.4% of residents live below the federal poverty line, compared with 12.0% in California.

If debts are getting hard to manage, the usual options, from mildest to most serious, are: a budget and a call to your lenders to ask for a hardship plan; a debt management plan through a nonprofit credit counselor, which can lower interest rates; a debt consolidation loan or, for homeowners, a cash-out refinance or home equity loan; debt settlement, where a company negotiates to pay less than you owe; and bankruptcy.

Under the Federal Trade Commission's rules, debt settlement companies can't charge a fee until they have settled at least one of your debts. Settling can hurt your credit and forgiven debt may be taxable, so compare it with credit counseling first. Time limits for collectors to sue differ by state and by type of debt; check with your state attorney general or a lawyer before relying on one.

Homeowners can sometimes pay off high-interest debt with their home's equity. With the median Maywood home worth $634,400 and 44% of owners mortgage-free, many owners have equity to draw on, but it turns unsecured debt into debt secured by your home.

Questions about debt relief in Maywood

What is the median home value in Maywood?

About $634,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Maywood?

Homeowners pay a median $3,987 a year, which is about 0.63% of the median home value. Your bill depends on your home's assessed value and local rates.

How much of their income do Maywood households spend on housing?

With a median household income of $60,943, owners with a mortgage spend a median 30.3% on housing and renters 33.5%.

More about Maywood

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data