Long Beach, CA variant. This is a Long Beach, CA-specific version of the Mortgage Calculator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Mortgage Calculator.
Long Beach's $815,000 median home and 0.71% property tax make for a distinctive mortgage payment. High-cost metros front-load the principal-and-interest portion.
Mortgage payment in Long Beach
On the $815,000 median home with 20% down ($163,000), you'd finance $652,000. At 6.5% over 30 years, P&I ≈ $4,121/month.
Add Long Beach's 0.71% property tax (≈ $482/month) plus insurance for the all-in payment.
About Long Beach, CA
Long Beach is subject to California's state income and sales taxes.
Long Beach has expensive housing typical of coastal Southern California.
Long Beach is home to one of the busiest seaports in the United States, and its cost of living is well above the national average.
Worked example: $815,000 Long Beach home
Loan $652,000 at 6.5% for 30 years → $4,121/mo P&I. Property tax ≈ $482/mo. Total before insurance ≈ $4,603/mo.
Quick reference
- Median home value: $815,000
- Median rent: $2,400/mo
- Median household income: $76,174
- Local sales tax: 10.25%
- Effective property tax rate: 0.71%
- Cost of living index: 144 (US avg = 100)
Frequently Asked Questions
How much is a mortgage in Long Beach?
About $4,121/month P&I on the $815,000 median home with 20% down at 6.5%.
What is the property tax rate in Long Beach?
About 0.71% of home value per year.