The typical owner-occupied home in Mad River is worth about $253,700, 65% below the California median of $734,700 and 24% below the national median of $332,700. 86% of occupied homes here are lived in by their owners, and 33% of those owners still have a mortgage.
Mad River at a glance
| Mad River | California | U.S. | |
|---|---|---|---|
| Median home value | $253,700 | $734,700 | $332,700 |
| Median property tax paid per year | – | $5,124 | $3,119 |
| Median household income | – | $99,122 | $80,734 |
| Homes lived in by their owners | 86% | 56% | 65% |
| Owner homes with a mortgage | 33% | 67% | 61% |
| Median monthly costs, owners with a mortgage | $1,674 | $2,946 | $1,963 |
| Those costs as a share of the owners' income | 51.0% | 24.8% | 21.0% |
| Median rent | – | $2,036 | $1,413 |
| Median year homes were built | 1982 | 1976 | 1980 |
| Vacant homes | 63.6% | 7.5% | 10.1% |
| Population | 272 | 39,287,377 | 334,922,499 |
What a typical home costs per month in Mad River
At this week's average 30-year rate of 7.11%, buying the median Mad River home of $253,700 with 20% down costs about $1,704 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,126, 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 $73,011 for the 20%-down payment.
| Down payment | $50,740 |
|---|---|
| Loan amount | $202,960 |
| Principal and interest | $1,365 |
| Property taxes (1.10% a year) | $233 |
| Homeowners insurance (our estimate, 0.5% a year) | $106 |
| PMI | $0 |
| Total per month | $1,704 |
Change the numbers in the calculator
| Down payment | $8,880 |
|---|---|
| Loan amount | $249,105 |
| Principal and interest | $1,676 |
| Property taxes (1.10% a year) | $233 |
| Homeowners insurance (our estimate, 0.5% a year) | $106 |
| FHA mortgage insurance | $112 |
| Total per month | $2,126 |
Change the numbers in the calculator
Questions about home buying in Mad River
What is the median home value in Mad River?
About $253,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Mad River?
For the median home with 20% down at 7.11%, the payment is about $1,704 a month. Keeping that under 28% of gross income takes about $73,011 a year.
More about Mad River
- Mortgage Refinance in Mad River
- Debt Relief in Mad River
- Home Equity Loans in Mad River
- 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