Located in the state of California, Chico is a moderately-sized city with a population of 89,377 people. At 83%, the majority of the Chico population is White; this is followed by 4% Asian and 2% Black. The median age of all Chico residents is 30, which is well below the national average. This is a good indication that this city could be ideal for young singles.
Without the right tools, relocating to any new city can be very stressful and challenging. Living in Chico, California could be a great experience for anyone who puts in the time to do the research required. The best areas in Chico and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, crime, education, housing, 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 67/100, Chico is ranked #15,400 in the United States and #559 in California. There are seven total categories that create the livability score. Chico ranks well for amenities (A+) and weather (B+). There is at least one category that you should be aware of in Chico. The following was graded with a discouraging score: cost of living (F), education (D), employment (D-) and housing (F).
Conveniently located amenities and interesting attractions are a great way to continuously enjoy Chico 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: Sierra Nevada Brewing Company, Bidwell Park, and Bidwell Mansion.
Chico real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Chico. The median home price for Chico homes is $270,900, which is 33.8% lower than the California average. If we take a closer look at the affordability of homes in Chico, we’ll see that the home price to income ratio is 6.3, which is 1.6% lower than the California average. Year over year appreciation rates for homes in the Chico area were 5.1% and the 5 year appreciation rates came in at 5.9%. Why is this important? Knowing the appreciation rates for any area is a quick and easy way to determine if you will see a solid return on your investment.