Quick facts: Fall river mills, CA

Quick Facts

127.6
Cost of Living
above US average
678
Population
73.75
Crime Rate per 1000
above US average
$36,827
Median Income
below US average
$289,000
Median House Price
above US average
$1750.0
Average Rent
above US average
15%
Poverty Rate
above US average
6.0%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $36,827.

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Income Needed to Buy

βœ— Stretch
$91k/year
Based on $289,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $91k vs median $36,827
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Income Needed to Rent

⚠ Stretch
$75k/year
Based on $1750.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $75k vs median $36,827
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Fall river mills, CA

Fall River Mills is a small, picturesque community located in northeastern California, within Shasta County. Nestled at the base of the stunning, snow-capped Mt. Shasta, this charming town is known for its natural beauty, outdoor recreational opportunities, and a close-knit community atmosphere. With a population of around 1,100 residents, Fall River Mills offers a rural lifestyle with access to stunning landscapes, including the nearby Lassen Volcanic National Park and the scenic Fall River, renowned for its fishing and kayaking. The town is characterized by its quaint shops, restaurants, and local amenities that cater to both residents and visitors. Its proximity to the Fall River Valley also makes it a prime location for farming and agriculture, with many locals engaging in various agricultural activities. Outdoor enthusiasts can enjoy activities such as hiking, fishing, camping, and snow sports in the nearby mountains. Overall, Fall River Mills provides a serene environment perfect for those seeking the tranquility of rural living while still offering access to the natural wonders and recreational options of Northern California.

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