Folsom, California is a medium-sized city with a population of 74,960 inhabitants. If we look at the most recent Census, Folsom is known to have a predominantly White population. The next two most common races are Asian and Black. Folsom has a high percentage of people who are married with children when compared to the rest of the country. In total, more than 82% of the population is classified as married and 49% have kids.
If you’re considering moving to any new city, it could be a very intimidating task. However, it could also be a positive experience if you are willing to get to know the area before actually living in Folsom, California. The best areas in Folsom and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, cost of living, education, employment, you will see a detailed breakdown of the most important information as well as comparisons to the California and national averages.
With a livability score of 80/100, Folsom is ranked #1,686 in the United States and #70 in California. Pack your bags! This is a very high score in comparison to other US cities. Living in Folsom could be a great choice! Folsom also ranks in the top 10 percent of all cities, which is no small feat! There are seven total categories that create the livability score. Folsom ranks well for amenities (A+), crime (A), weather (B+), education (A) and employment (B+). Folsom does not fare well for the following: cost of living (F). It might be a smart idea to take a closer look at each category to find out why.
Conveniently located amenities and interesting attractions are a great way to continuously enjoy Folsom on a regular basis. Knowing that there are an abundance of amenities and things to do can ensure that you always have access to nearby grocery stores, restaurants and coffee shops. Some of the notable things to do include: Folsom City Zoo, Folsom Prison Museum, and Sutter St..
Low violent crime (murder, rape, robbery, assault) is a must for most people when searching for a new area to live. At 82 crimes per 100,000 residents, Folsom has a violent crime rate that is far below the national average.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are available, most people will need to know if the real estate in Folsom is actually affordable. Median real estate prices in Folsom come in at $433,300, which is 5.9% higher than the California average. The home price to income ratio compares the median home prices to the median household income. In Folsom, the home price to income ratio is 4.2, which is 34.4% lower than the California average. Purchasing your new home can come with many financial benefits, some of which are more lucrative than others. Perhaps the most notable benefit could be the appreciation of your new home. Home appreciation rates are a good way to generate tax-free equity on a long term basis. The year over year appreciation rates in Folsom were 4%, and the 5 year appreciation rates came in at 6.5%.