Carmichael, California.
Typical home $549,825 (+0.4% in a year), asking rent $1,757 (+0.5%). Sacramento-Roseville-Folsom, CA metro.
to buy the typical home at today's mortgage rate — +$1,357 (+89%) since Jan 2020.
- 1 year
- Up $2,042 +0%
- $547,783$549,825 since Sep 2025
- 5 years
- Up $29,812 +6%
- $520,013$549,825 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Carmichael$2,886
- California$3,997
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 62 years.
Typical home values in Carmichael, CA rose 0.4% over the past year — slower than the nation's +1.2%.
Asking rents in Carmichael, CA rose 0.5% over the past year — slower than the nation's +2.7%.
Owning the typical home in Carmichael runs $2,054/mo more than renting one. The gap peaked at $2,247 in May 2024.
That is $3,811 a month against $1,757 rent: a $2,886 mortgage payment, plus $336 property tax and $589 insurance & upkeep.
Owning vs renting — Carmichael
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$3,811
- Renting$1,757
- Mortgage only$2,886
Property tax · $336/mo 0.73% of value a year — the ACS 2020-2024 median bill over the median home value for Sacramento County, CA
Insurance & upkeep · $589/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Carmichael, Sacramento County, California
Carmichael, in Sacramento County, had 79,793 people in the 2020 census. Half its households earn more than $85,914 a year and half less, against $92,175 across Sacramento County; 13% of its people live below the poverty line. 52% of its homes are lived in by their owners and 48% are rented. Unemployment in Sacramento County was 5.3% in August 2026, and the county had 0.8% more jobs in 2025 than the year before. The most residents work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Carmichael is a large suburban community in Sacramento County, with residents who are a little older than the typical American. Incomes run somewhat below the county's, and about as many households rent as own their homes. Winters are mild and rarely bring snow, while summers are hot and dry, with modest rainfall through the year.
Work. Many residents work in schools, hospitals and social care, and in professional and business services, with government and retail also common. Among the largest workplaces in Carmichael are San Juan Unified, Mercy San Juan Medical Center and Eskaton. Many adults hold a four-year degree, and a good number of residents work from home.
Things to do. Carmichael Park and Jensen Botanical Gardens are in or beside town, handy for a walk or an afternoon among the plants. A short drive away are Sutter's Fort, a historic fort, and the Sacramento Children's Museum. A longer drive reaches Folsom Lake, a reservoir, and the American River.
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- 31,208households
- 37%of adults have a degree
- 13%below the poverty line
- 27 mintypical commute
- 21%work from home
What residents work in
Employed residents by industry, from the Census survey. Sacramento County had 733,061 jobs in 2025, 0.8% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 56° and lows near 41°; warmest in July, with highs near 94° and lows near 61°. About 19 inches of rain a year, and little or no snow.
Average daily high and low, 1991–2020, at the Sacramento Ese weather station, 7 miles away (NOAA).
Largest workplaces in Carmichael
- San Juan UnifiedSchool district3,816FTE
- Mercy San Juan Medical CenterGeneral hospital1,923FTE
- Visions In Education DistrictSchool district418FTE
- EskatonContinuing care retirement communities230
- Danube River HoldingsSkilled nursing facilities202
- BaleenSkilled nursing facilities195
- California Montessori Project-San Juan Campuses DistrictSchool district177FTE
- Whitney OaksSkilled nursing facilities155
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 27 workplaces with 20 or more staff, 13,003 people in all. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- EarthquakesRelatively moderate
- Inland floodingrelatively high in parts of CarmichaelRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Carmichael’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Sacramento County and the Sacramento-Roseville-Folsom, CA metro.
Carmichael home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Carmichael$549,825
- California$761,538
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Carmichael listings, and the typical home goes pending in 24 days — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Carmichael33.08%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Carmichael24
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Carmichael184
New listings per month
Sellers arriving at the market.
- Carmichael60
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Carmichael$533,496
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Carmichael99.84%
Zip codes with a Carmichael address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Carmichael — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.