According to statistics, the population in Hanford, CA amounts to 55,599, which shows growth 1% compared to the previous year. The median age of the city’s residents is 33. The average household income is $55,327, shifting growth 8% from the past year, and the average property value in Hanford, CA growth 11% to $192,900 throughout the year.
|Number Of Employees||22,446|
|Median Property Value||$192,900|
The average household income in Hanford, CA grew from $51,231 to $55,327 in the past year. This data is an estimate based upon 18,185 households in Hanford, CA . The chart below presents how household income is distributed in Hanford, CA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Hanford, CA shifted from $174,300 to $192,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Hanford, CA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Hanford, CA properties falls in the '$200,000 to $249,999' range, which is higher than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Hanford, CA compared to median property taxes around the country. The prevalent amount of property taxes in Hanford, CA equals $1150, which is less than the national average.
During Jan 2023, the average price for an apartment in/near Hanford, CA decreased by 1.3% to $391,388.
Knowing the current property prices is key if you plan to buy a studio in Hanford, CA. The average price for a studio has decreased since the last month, currently being $533,235. Asking price for 2-bed apartment also decreased by 1% and a place of this size will now cost you $306,666. A 3-bed apartment goes for $365,409, it increased by 0.4% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 0.8% and made it down to $452,384.
While assessing the property pricing Hanford, CA, you can note that it remains flat with a price tag of $118,000. Price reports demonstrate that house price decreased by 0.2% this month making it up to $397,661. An average value of duplex is $285,000, thus a median price for a duplex remains the same this month. The price statistics of lofts have not significantly changed, it now still goes for $475,000. The average price of the land for sale in Hanford, CA has decreased by 56.2%, and now equals $150,000.