The typical owner-occupied home in Coloma is worth about $460,900, 37% below the California median of $734,700 and 39% above the national median of $332,700. Owners pay a median $4,778 a year in property taxes, about 1.04% of their home's value, higher than the California rate of 0.70%. The median household earns $104,543 a year, so the median home costs 4.4 times the median income (7.4 times for California). 23% of occupied homes here are lived in by their owners, and 71% of those owners still have a mortgage.
Coloma at a glance
| Coloma | California | U.S. | |
|---|---|---|---|
| Median home value | $460,900 | $734,700 | $332,700 |
| Median property tax paid per year | $4,778 | $5,124 | $3,119 |
| Property tax as a share of value | 1.04% | 0.70% | 0.94% |
| Median household income | $104,543 | $99,122 | $80,734 |
| Homes lived in by their owners | 23% | 56% | 65% |
| Owner homes with a mortgage | 71% | 67% | 61% |
| Median monthly costs, owners with a mortgage | $1,357 | $2,946 | $1,963 |
| Those costs as a share of the owners' income | 44.3% | 24.8% | 21.0% |
| Median rent | $2,149 | $2,036 | $1,413 |
| Rent as a share of renters' income | 26.8% | 32.8% | 30.6% |
| Median year homes were built | 1972 | 1976 | 1980 |
| Vacant homes | 12.1% | 7.5% | 10.1% |
| Population | 462 | 39,287,377 | 334,922,499 |
What a typical home costs per month in Coloma
At this week's average 30-year rate of 7.11%, buying the median Coloma home of $460,900 with 20% down costs about $3,072 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,840, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $131,652 for the 20%-down payment. That payment is 35% of the median Coloma household income of $104,543; at that income and 20% down, the 28% guideline points to a home of about $366,000.
The median rent here is $2,149 a month, so owning the median home costs about $923 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $92,180 |
|---|---|
| Loan amount | $368,720 |
| Principal and interest | $2,480 |
| Property taxes (1.04% a year) | $399 |
| Homeowners insurance (our estimate, 0.5% a year) | $192 |
| PMI | $0 |
| Total per month | $3,072 |
Change the numbers in the calculator
| Down payment | $16,132 |
|---|---|
| Loan amount | $452,552 |
| Principal and interest | $3,044 |
| Property taxes (1.04% a year) | $399 |
| Homeowners insurance (our estimate, 0.5% a year) | $192 |
| FHA mortgage insurance | $204 |
| Total per month | $3,840 |
Change the numbers in the calculator
Questions about home buying in Coloma
What is the median home value in Coloma?
About $460,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Coloma?
Homeowners pay a median $4,778 a year, which is about 1.04% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Coloma?
For the median home with 20% down at 7.11%, the payment is about $3,072 a month. Keeping that under 28% of gross income takes about $131,652 a year.
More about Coloma
- Mortgage Refinance in Coloma
- Debt Relief in Coloma
- Home Equity Loans in Coloma
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
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