The typical owner-occupied home in Shandon is worth about $448,500, 39% below the California median of $734,700 and 35% above the national median of $332,700. Owners pay a median $3,333 a year in property taxes, about 0.74% of their home's value, higher than the California rate of 0.70%. The median household earns $107,273 a year, so the median home costs 4.2 times the median income (7.4 times for California). 94% of occupied homes here are lived in by their owners, and 88% of those owners still have a mortgage.
Shandon at a glance
| Shandon | California | U.S. | |
|---|---|---|---|
| Median home value | $448,500 | $734,700 | $332,700 |
| Median property tax paid per year | $3,333 | $5,124 | $3,119 |
| Property tax as a share of value | 0.74% | 0.70% | 0.94% |
| Median household income | $107,273 | $99,122 | $80,734 |
| Homes lived in by their owners | 94% | 56% | 65% |
| Owner homes with a mortgage | 88% | 67% | 61% |
| Median monthly costs, owners with a mortgage | $2,129 | $2,946 | $1,963 |
| Those costs as a share of the owners' income | 22.1% | 24.8% | 21.0% |
| Median rent | – | $2,036 | $1,413 |
| Median year homes were built | 1989 | 1976 | 1980 |
| Vacant homes | 5.6% | 7.5% | 10.1% |
| Population | 1,169 | 39,287,377 | 334,922,499 |
What a typical home costs per month in Shandon
At this week's average 30-year rate of 7.11%, buying the median Shandon home of $448,500 with 20% down costs about $2,877 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,624, 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 $123,305 for the 20%-down payment. That payment is 32% of the median Shandon household income of $107,273; at that income and 20% down, the 28% guideline points to a home of about $390,000.
| Down payment | $89,700 |
|---|---|
| Loan amount | $358,800 |
| Principal and interest | $2,414 |
| Property taxes (0.74% a year) | $277 |
| Homeowners insurance (our estimate, 0.5% a year) | $187 |
| PMI | $0 |
| Total per month | $2,877 |
Change the numbers in the calculator
| Down payment | $15,698 |
|---|---|
| Loan amount | $440,377 |
| Principal and interest | $2,962 |
| Property taxes (0.74% a year) | $277 |
| Homeowners insurance (our estimate, 0.5% a year) | $187 |
| FHA mortgage insurance | $198 |
| Total per month | $3,624 |
Change the numbers in the calculator
Questions about home buying in Shandon
What is the median home value in Shandon?
About $448,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Shandon?
Homeowners pay a median $3,333 a year, which is about 0.74% 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 Shandon?
For the median home with 20% down at 7.11%, the payment is about $2,877 a month. Keeping that under 28% of gross income takes about $123,305 a year.
More about Shandon
- Mortgage Refinance in Shandon
- Debt Relief in Shandon
- Home Equity Loans in Shandon
- 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