Planada has a cost of living adjustment score of 89.3, which is much less expensive when compared to others in California. Also, the area is considered much less affluent than average with a median income of $31,150 per household. Planada is made up of homes that are relatively old with a median of 38 years. Heading the list of top schools in the city is Granada High School.
Planada has some of the more affordable homes in the state with a median home value of $54,500 and a current average list price of $143,789.
The typical dwelling in Planada is a three-bedroom detached home worth about $120,580. To purchase a similar home, a buyer with good credit and a $24,116 cash down payment could obtain a mortgage with a 3.95% interest rate and a $46 monthly payment. The property tax rate is $8.24 per $1,000 of taxable assessed value.
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