Located in the state of California, Carmichael is a medium-sized city with a population of 63,631 residents. With a population density of 4,705 people per square mile, Carmichael is well above the nation's average density level. According to the most recent Census, 80% of Carmichael residents are White, 6% Black and 4% Asian.
Are you trying to decide if living in Carmichael is the right fit for your lifestyle? To ensure a positive experience before moving to any new city in California, you will probably want to make sure that you check all of the most important boxes. With useful information like amenities, crime, cost of living, employment, housing and other key data points, finding the best places to live in Carmichael and in the areas around Carmichael is a much easier task.
Carmichael has a livability score of 65/100 and is ranked #673 in California and #17,773 in the USA. There are seven total categories that generate the livability score. Carmichael ranks well for amenities (A+) and weather (B+). On a less positive note, Carmichael does not have favorable scores for the following: crime (F), cost of living (F) and education (F). If we take a look at the data, we can find out why.
Conveniently located amenities and interesting attractions are a great way to continuously enjoy Carmichael 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. Here are some of the more popular things to do in Carmichael: Ancil Hoffman Park, Effie Yeaw Nature Center, and Ancil Hoffman Golf Course.
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 Carmichael is real estate affordability. The median home price for Carmichael homes is $309,300, which is 24.4% lower than the California average. If we take a closer look at the affordability of homes in Carmichael, we’ll see that the home price to income ratio is 5.3, which is 17.2% 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 Carmichael were 5.9%, and the 5 year appreciation rates came in at 8.2%.