The typical owner-occupied home in Clearlake Oaks is worth about $250,900, 66% below the California median of $734,700 and 25% below the national median of $332,700. Owners pay a median $1,438 a year in property taxes, about 0.57% of their home's value, lower than the California rate of 0.70%. The median household earns $35,938 a year, so the median home costs 7.0 times the median income (7.4 times for California). 67% of occupied homes here are lived in by their owners, and 41% of those owners still have a mortgage.
Clearlake Oaks at a glance
| Clearlake Oaks | California | U.S. | |
|---|---|---|---|
| Median home value | $250,900 | $734,700 | $332,700 |
| Median property tax paid per year | $1,438 | $5,124 | $3,119 |
| Property tax as a share of value | 0.57% | 0.70% | 0.94% |
| Median household income | $35,938 | $99,122 | $80,734 |
| Homes lived in by their owners | 67% | 56% | 65% |
| Owner homes with a mortgage | 41% | 67% | 61% |
| Median monthly costs, owners with a mortgage | $1,326 | $2,946 | $1,963 |
| Those costs as a share of the owners' income | 30.3% | 24.8% | 21.0% |
| Median rent | $1,506 | $2,036 | $1,413 |
| Rent as a share of renters' income | 41.2% | 32.8% | 30.6% |
| Median year homes were built | 1975 | 1976 | 1980 |
| Vacant homes | 30.8% | 7.5% | 10.1% |
| Population | 2,198 | 39,287,377 | 334,922,499 |
What a typical home costs per month in Clearlake Oaks
At this week's average 30-year rate of 7.11%, buying the median Clearlake Oaks home of $250,900 with 20% down costs about $1,574 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,992, 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 $67,456 for the 20%-down payment. That payment is 53% of the median Clearlake Oaks household income of $35,938; at that income and 20% down, the 28% guideline points to a home of about $134,000.
The median rent here is $1,506 a month, so owning the median home costs about $68 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $50,180 |
|---|---|
| Loan amount | $200,720 |
| Principal and interest | $1,350 |
| Property taxes (0.57% a year) | $119 |
| Homeowners insurance (our estimate, 0.5% a year) | $105 |
| PMI | $0 |
| Total per month | $1,574 |
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| Down payment | $8,782 |
|---|---|
| Loan amount | $246,356 |
| Principal and interest | $1,657 |
| Property taxes (0.57% a year) | $119 |
| Homeowners insurance (our estimate, 0.5% a year) | $105 |
| FHA mortgage insurance | $111 |
| Total per month | $1,992 |
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Questions about home buying in Clearlake Oaks
What is the median home value in Clearlake Oaks?
About $250,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Clearlake Oaks?
Homeowners pay a median $1,438 a year, which is about 0.57% 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 Clearlake Oaks?
For the median home with 20% down at 7.11%, the payment is about $1,574 a month. Keeping that under 28% of gross income takes about $67,456 a year.
More about Clearlake Oaks
- Mortgage Refinance in Clearlake Oaks
- Debt Relief in Clearlake Oaks
- Home Equity Loans in Clearlake Oaks
- 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