The typical owner-occupied home in San Fernando is worth about $674,700, 8% below the California median of $734,700 and 2.0 times the national median of $332,700. Owners pay a median $4,198 a year in property taxes, about 0.62% of their home's value, lower than the California rate of 0.70%. The median household earns $83,024 a year, so the median home costs 8.1 times the median income (7.4 times for California). 62% of occupied homes here are lived in by their owners, and 70% of those owners still have a mortgage.
San Fernando at a glance
| San Fernando | California | U.S. | |
|---|---|---|---|
| Median home value | $674,700 | $734,700 | $332,700 |
| Median property tax paid per year | $4,198 | $5,124 | $3,119 |
| Property tax as a share of value | 0.62% | 0.70% | 0.94% |
| Median household income | $83,024 | $99,122 | $80,734 |
| Homes lived in by their owners | 62% | 56% | 65% |
| Owner homes with a mortgage | 70% | 67% | 61% |
| Median monthly costs, owners with a mortgage | $2,577 | $2,946 | $1,963 |
| Those costs as a share of the owners' income | 26.5% | 24.8% | 21.0% |
| Median rent | $1,748 | $2,036 | $1,413 |
| Rent as a share of renters' income | 40.2% | 32.8% | 30.6% |
| Median year homes were built | 1956 | 1976 | 1980 |
| Vacant homes | 6.0% | 7.5% | 10.1% |
| Population | 23,632 | 39,287,377 | 334,922,499 |
What a typical home costs per month in San Fernando
At this week's average 30-year rate of 7.11%, buying the median San Fernando home of $674,700 with 20% down costs about $4,261 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $5,385, 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 $182,602 for the 20%-down payment. That payment is 62% of the median San Fernando household income of $83,024; at that income and 20% down, the 28% guideline points to a home of about $307,000.
The median rent here is $1,748 a month, so owning the median home costs about $2,513 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $134,940 |
|---|---|
| Loan amount | $539,760 |
| Principal and interest | $3,631 |
| Property taxes (0.62% a year) | $349 |
| Homeowners insurance (our estimate, 0.5% a year) | $281 |
| PMI | $0 |
| Total per month | $4,261 |
Change the numbers in the calculator
| Down payment | $23,614 |
|---|---|
| Loan amount | $662,480 |
| Principal and interest | $4,457 |
| Property taxes (0.62% a year) | $349 |
| Homeowners insurance (our estimate, 0.5% a year) | $281 |
| FHA mortgage insurance | $298 |
| Total per month | $5,385 |
Change the numbers in the calculator
Questions about home buying in San Fernando
What is the median home value in San Fernando?
About $674,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in San Fernando?
Homeowners pay a median $4,198 a year, which is about 0.62% 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 San Fernando?
For the median home with 20% down at 7.11%, the payment is about $4,261 a month. Keeping that under 28% of gross income takes about $182,602 a year.
More about San Fernando
- Mortgage Refinance in San Fernando
- Debt Relief in San Fernando
- Home Equity Loans in San Fernando
- 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