Banning, California is a mid-sized city with a population of 30,643 residents. If we look at the most recent Census, Banning is known to have a predominantly White population. The next two most common races are Black and Asian. Additionally, more than a quarter of the population of Banning are of Hispanic or Latino origin, and 27% of the population also speak Spanish.
Whether you’re moving to a new town to be closer to family, friends or for a new job, living in Banning could be a positive experience compared to other cities in California if you know where to search. To help you find the best places to live in and around Banning, AreaVibes has created a livability score using key metrics like crime, cost of living, weather, education and more.
The livability score in Banning is 63/100 and the city is ranked in the 30th percentile of all cities across America. For each of the livability categories, we know that Banning ranks very well for amenities (A-) and weather (A-). Banning does not fare well for the following: crime (D), cost of living (D-), education (F) and employment (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 Banning 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.
Certain items on your wish list like shopping, restaurants, nightlife and proximity to public transportation are all important factors to search for. Having said that, perhaps the most important metric to consider when contemplating a move to Banning is real estate affordability. The median home price for Banning homes is $177,000, which is 56.8% lower than the California average. If we take a closer look at the affordability of homes in Banning, we’ll see that the home price to income ratio is 4.4, which is 31.3% 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 Banning were 9.3%, and the 5 year appreciation rates came in at 13%.