Granite Bay is a mid-sized city located in the state of California. The city has a population of 22,840 people. According to the most recent Census, 85% of Granite Bay residents are White, 6% Asian and 1% Black. 87% of the people in Granite Bay (over the age of 15) are married and 56% have kids under the age of eighteen. Knowing that, it’s safe to say that this area could be a great place for other families to lay down roots.
Are you trying to figure out if living in Granite Bay is the right fit for your lifestyle? To ensure a great experience before relocating 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 crime, cost of living, education, employment, housing and other key data points, finding the best places to live in Granite Bay and in the areas around Granite Bay is a much easier task.
Granite Bay, CA receives 73 out of 100 for its livability score; this results in a ranking of #277 in California and #7,348 in the USA. If we examine each of the categories individually, we see that Granite Bay ranks well for crime (A), weather (B+), education (A+) and employment (A-). There is at least one category that does not have great scores in Granite Bay. The following was graded with a discouraging score: cost of living (F) and housing (F).
The average school test scores in Granite Bay are 75%. This far exceeds the national average and ensures that this educational system will provide your children with the skills and the tools they need to thrive.
Assuming that Granite Bay meets all of your requirements, the next most important item to examine is the affordability of real estate in Granite Bay. Everything else becomes a lot less important if it turns out that home prices in Granite Bay are simply unattainable. Median real estate prices in Granite Bay come in at $657,400, which is 60.6% higher than the California average. The home price to income ratio compares the median home prices to the median household income. In Granite Bay, the home price to income ratio is 5.5, which is 14.1% lower than the California average. Year over year appreciation rates for homes in the Granite Bay area were 3.1% and the 5 year appreciation rates came in at 6.5%. 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.