The typical owner-occupied home in Ocotillo is worth about $157,900, 79% below the California median of $734,700 and 53% below the national median of $332,700. 100% of occupied homes here are lived in by their owners, and 30% of those owners still have a mortgage.
Ocotillo at a glance
| Ocotillo | California | U.S. | |
|---|---|---|---|
| Median home value | $157,900 | $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 | 100% | 56% | 65% |
| Owner homes with a mortgage | 30% | 67% | 61% |
| Median monthly costs, owners with a mortgage | – | $2,946 | $1,963 |
| Median rent | – | $2,036 | $1,413 |
| Median year homes were built | 1997 | 1976 | 1980 |
| Vacant homes | 63.0% | 7.5% | 10.1% |
| Population | 118 | 39,287,377 | 334,922,499 |
How much equity Ocotillo owners could borrow
Home equity is what your home is worth minus what you owe. Most lenders let you borrow until your loans add up to 80% to 85% of the home's value. For the median Ocotillo home of $157,900, 80% is $126,320.
70% of Ocotillo owners have no mortgage at all, so they could borrow up to the full 80% limit.
If you instead refinance and take cash out, the whole loan moves to the new rate (this week's 30-year average is 7.11%). A home equity loan or line of credit keeps your current first mortgage, which is usually better when your existing rate is lower than today's.
| Owe nothing | $126,320 to $134,215 |
|---|---|
| Owe $39,475 | $86,845 to $94,740 |
| Owe $78,950 | $47,370 to $55,265 |
| Owe $102,635 | $23,685 to $31,580 |
Before the lender's own limits, fees and your credit and income checks.
Change the numbers in the calculator
Questions about home equity loans in Ocotillo
What is the median home value in Ocotillo?
About $157,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much can I borrow against my home in Ocotillo?
Usually up to 80% to 85% of your home's value, minus what you owe. On the median home of $157,900, an 80% limit is $126,320 before subtracting your mortgage.
More about Ocotillo
- Mortgage Refinance in Ocotillo
- Home Buying in Ocotillo
- Debt Relief in Ocotillo
- 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