Located in the state of California, Hanford is a moderately-sized city with a population of 54,912 residents. With a population density of 3,247 people per square mile, Hanford is well above the nation's average density level. If we take a look at the last Census, the vast majority of the population falls within one racial group (76% White). Given that fact, Hanford could be considered less diverse than other cities. Additionally, more than a quarter of the population of Hanford are of Hispanic or Latino origin, and 29% of the population also speak Spanish. Hanford could be a great place for young adults and students as the average age of 32 years old is below the nation’s average.
Whether you’re moving to a new town to be closer to family, friends or for a new job, living in Hanford could be a positive experience compared to other cities in California if you know where to search. With useful information like amenities, crime, weather, employment, housing and other key data points, finding the best places to live in Hanford and in the areas around Hanford is a much easier task.
Hanford, CA receives 69 out of 100 for its livability score; this results in a ranking of #420 in California and #11,907 in the USA. Based on the grades for each individual category, Hanford has received high marks for amenities (A+), weather (B+) and housing (B). There is at least one category that did not score well in Hanford. The following was graded with a concerning score: crime (D-), cost of living (D), education (F) and employment (F).
Location, location, location - possibly the three most important words in your search for a new place to live. Fortunately, in Hanford, there is no shortage of amazing local amenities and interesting things to do.
Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Hanford has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Hanford 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 Hanford. The median home price for Hanford homes is $174,300, which is 57.4% lower than the California average. If we take a closer look at the affordability of homes in Hanford, we’ll see that the home price to income ratio is 3.4, which is 46.9% lower than the California average. For most people, purchasing a new home is the biggest investment they will make in their lifetime. Taking a look at overall real estate appreciation rates in Hanford will offer some insight into determining if your home purchase will be a solid investment for years to come. In Hanford, the year-over-year appreciation rates were 8.3%, and the 5 year appreciation rates came in at 7.1%.