Shasta Lake, California.
Typical home $299,117 (+2.4% in a year). Redding, CA metro.
to buy the typical home at today's mortgage rate — +$748 (+91%) since Jan 2020.
- 1 year
- Up $7,049 +2%
- $292,069$299,117 since Sep 2025
- 5 years
- Up $15,564 +5%
- $283,554$299,117 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.
- Shasta Lake$1,570
- California$3,997
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 65 years.
Typical home values in Shasta Lake, CA rose 2.4% over the past year — faster than the nation's +1.2%.
Living in Shasta Lake, Shasta County, California
Shasta Lake is a city of 10,371 people in Shasta County. Half its households earn more than $67,401 a year and half less, against $72,636 across Shasta County; 13% of its people live below the poverty line. 68% of its homes are lived in by their owners and 32% are rented. Unemployment in Shasta County was 5.3% in August 2026, and the county had 2.2% more jobs in 2025 than the year before. The most residents work in schools and health care, then restaurants and hotels.
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 It can be wrong or out of date.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. Shasta Lake is a small city where the typical resident is somewhere in middle age, and most homes are lived in by their owners. Household incomes run below the county's, and fewer adults hold a four-year degree than in many towns, so it is a place of working households with modest means. Homes are priced well within reach compared with much of California.
Work. People here work mostly in schools, hospitals and social care, in restaurants, hotels and entertainment, in shops, and in the building trades. Across Shasta County, some of the largest workplaces are Mercy Medical Center Redding and Shasta College. Commutes are short, and very few people work from home.
Things to do. Water is the main draw: Shasta Lake, the reservoir the town is named for, is a short drive away, as is Lake Shasta Caverns, a tourist attraction. The Whiskeytown–Shasta–Trinity National Recreation Area, a protected area, is also a short drive away, and the Pit River and McCloud River are close by for anyone who likes to be near running water. Winters are mild and wet, and summers are very hot, so the lake and rivers suit the warm months best.
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- 4,035households
- 15%of adults have a degree
- 13%below the poverty line
- 20 mintypical commute
- 4%work from home
What residents work in
Employed residents by industry, from the Census survey. Shasta County had 71,664 jobs in 2025, 2.2% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 54° and lows near 41°; warmest in July, with highs near 97° and lows near 69°. About 63 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Shasta Dam weather station, 3 miles away (NOAA).
Largest workplaces in Shasta County
- Mercy Medical Center ReddingGeneral hospital1,508FTE
- Shasta CollegeUniversity or college662
- Shasta Community Health CenterCommunity health centers and clinics, outpatient536
- CAL FireCal fire503
- Shasta Regional Medical CenterGeneral hospital492FTE
- WalmartWarehouse clubs and supercenters465
- Shasta Union High SchoolsSchool district448FTE
- Redding Elementary SchoolsSchool district411FTE
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 132 workplaces with 20 or more staff, 14,977 people in all across the county; Shasta Lake has two of its own. Hospitals come from their Medicare cost reports (CMS, 2023), colleges from IPEDS (NCES, 2023–24) and school districts from the Common Core of Data (NCES, 2023–24); 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
- Wildfirerelatively high in parts of Shasta LakeRelatively moderate
- EarthquakesRelatively moderate
- Inland floodingRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Shasta Lake’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 Shasta County and the Redding, CA metro.
Shasta Lake home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Shasta Lake$299,117
- California$761,538
- United States$366,157
Sellers are cutting prices on about 1 in 3 Shasta Lake listings — 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.
- Shasta Lake33.93%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Shasta Lake35
New listings per month
Sellers arriving at the market.
- Shasta Lake11
Zip codes with a Shasta Lake address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Shasta Lake — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.