The typical owner-occupied home in Kenwood is worth about $881,900, 20% above the California median of $734,700 and 2.7 times the national median of $332,700. Owners pay a median $6,121 a year in property taxes, about 0.69% of their home's value, close to the California rate of 0.70%. The median household earns $99,526 a year, so the median home costs 8.9 times the median income (7.4 times for California). 76% of occupied homes here are lived in by their owners, and 51% of those owners still have a mortgage.
Kenwood at a glance
| Kenwood | California | U.S. | |
|---|---|---|---|
| Median home value | $881,900 | $734,700 | $332,700 |
| Median property tax paid per year | $6,121 | $5,124 | $3,119 |
| Property tax as a share of value | 0.69% | 0.70% | 0.94% |
| Median household income | $99,526 | $99,122 | $80,734 |
| Homes lived in by their owners | 76% | 56% | 65% |
| Owner homes with a mortgage | 51% | 67% | 61% |
| Median monthly costs, owners with a mortgage | $3,534 | $2,946 | $1,963 |
| Those costs as a share of the owners' income | 40.4% | 24.8% | 21.0% |
| Median rent | – | $2,036 | $1,413 |
| Rent as a share of renters' income | 27.8% | 32.8% | 30.6% |
| Median year homes were built | 1955 | 1976 | 1980 |
| Vacant homes | 17.6% | 7.5% | 10.1% |
| Population | 1,028 | 39,287,377 | 334,922,499 |
What a typical home costs per month in Kenwood
At this week's average 30-year rate of 7.11%, buying the median Kenwood home of $881,900 with 20% down costs about $5,621 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $7,232, 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 $240,884 for the 20%-down payment. That payment is 68% of the median Kenwood household income of $99,526; at that income and 20% down, the 28% guideline points to a home of about $364,000.
| Down payment | $176,380 |
|---|---|
| Loan amount | $705,520 |
| Principal and interest | $4,746 |
| Property taxes (0.69% a year) | $507 |
| Homeowners insurance (our estimate, 0.5% a year) | $367 |
| PMI | $0 |
| Total per month | $5,621 |
Change the numbers in the calculator
| Down payment | $30,866 |
|---|---|
| Loan amount | $865,927 |
| Principal and interest | $5,825 |
| Property taxes (0.69% a year) | $507 |
| Homeowners insurance (our estimate, 0.5% a year) | $367 |
| FHA mortgage insurance | $532 |
| Total per month | $7,232 |
Change the numbers in the calculator
Questions about home buying in Kenwood
What is the median home value in Kenwood?
About $881,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Kenwood?
Homeowners pay a median $6,121 a year, which is about 0.69% 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 Kenwood?
For the median home with 20% down at 7.11%, the payment is about $5,621 a month. Keeping that under 28% of gross income takes about $240,884 a year.
More about Kenwood
- Mortgage Refinance in Kenwood
- Debt Relief in Kenwood
- Home Equity Loans in Kenwood
- 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