The typical owner-occupied home in La Mirada is worth about $825,900, 12% above the California median of $734,700 and 2.5 times the national median of $332,700. Owners pay a median $5,422 a year in property taxes, about 0.66% of their home's value, lower than the California rate of 0.70%. The median household earns $109,288 a year, so the median home costs 7.6 times the median income (7.4 times for California). 76% of occupied homes here are lived in by their owners, and 67% of those owners still have a mortgage.
La Mirada at a glance
| La Mirada | California | U.S. | |
|---|---|---|---|
| Median home value | $825,900 | $734,700 | $332,700 |
| Median property tax paid per year | $5,422 | $5,124 | $3,119 |
| Property tax as a share of value | 0.66% | 0.70% | 0.94% |
| Median household income | $109,288 | $99,122 | $80,734 |
| Homes lived in by their owners | 76% | 56% | 65% |
| Owner homes with a mortgage | 67% | 67% | 61% |
| Median monthly costs, owners with a mortgage | $3,012 | $2,946 | $1,963 |
| Those costs as a share of the owners' income | 27.1% | 24.8% | 21.0% |
| Median rent | $2,217 | $2,036 | $1,413 |
| Rent as a share of renters' income | 33.5% | 32.8% | 30.6% |
| Median year homes were built | 1960 | 1976 | 1980 |
| Vacant homes | 2.5% | 7.5% | 10.1% |
| Population | 47,180 | 39,287,377 | 334,922,499 |
What a typical home costs per month in La Mirada
At this week's average 30-year rate of 7.11%, buying the median La Mirada home of $825,900 with 20% down costs about $5,243 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $6,752, 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 $224,703 for the 20%-down payment. That payment is 58% of the median La Mirada household income of $109,288; at that income and 20% down, the 28% guideline points to a home of about $402,000.
The median rent here is $2,217 a month, so owning the median home costs about $3,026 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $165,180 |
|---|---|
| Loan amount | $660,720 |
| Principal and interest | $4,445 |
| Property taxes (0.66% a year) | $454 |
| Homeowners insurance (our estimate, 0.5% a year) | $344 |
| PMI | $0 |
| Total per month | $5,243 |
Change the numbers in the calculator
| Down payment | $28,906 |
|---|---|
| Loan amount | $810,941 |
| Principal and interest | $5,455 |
| Property taxes (0.66% a year) | $454 |
| Homeowners insurance (our estimate, 0.5% a year) | $344 |
| FHA mortgage insurance | $498 |
| Total per month | $6,752 |
Change the numbers in the calculator
Questions about home buying in La Mirada
What is the median home value in La Mirada?
About $825,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in La Mirada?
Homeowners pay a median $5,422 a year, which is about 0.66% 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 La Mirada?
For the median home with 20% down at 7.11%, the payment is about $5,243 a month. Keeping that under 28% of gross income takes about $224,703 a year.
More about La Mirada
- Mortgage Refinance in La Mirada
- Debt Relief in La Mirada
- Home Equity Loans in La Mirada
- 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