Affordability evidence

Garden Grove, CA home values, income, and owner costs

A borrower-focused reading of the latest ACS value, income, and owner-cost evidence for Garden Grove, CA.

Source: U.S. Census Bureau

Last updated . Article facts reviewed through this date. Time-sensitive figures show their own as-of dates.

House models, keys, and documents arranged for real estate planning
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The published evidence provides the starting point: In Garden Grove, CA, the 2024 ACS reports a median owner-occupied home value of $814,100, median household income of $92,174, and median selected monthly owner costs of $2,764 for owners with a mortgage. In practical terms, together, those three reference points can help a borrower identify which search-price, income, and recurring-cost assumptions need current verification first. They remain separate medians, not the finances of one representative household, and the $2,764 measure combines recurring ownership expenses in place of real estate taxes alone. For the decision at hand, a useful affordability review starts with $814,100, $92,174, and $2,764, then replaces them with the borrower's documented income, cash, debts, property taxes, insurance, association charges, loan terms, and intended occupancy.

Garden Grove, CA's $814,100 median home-value estimate is above the statewide $734,700 estimate, with a reported city-to-state gap of 10.8%.