According to statistics, the population in Rancho Cordova, CA amounts to 70,785, which shows growth 2% compared to the previous year. The median age of the city’s residents is 34. The average household income is $57,965, shifting growth 9% from the past year, and the average property value in Rancho Cordova, CA growth 13% to $251,500 throughout the year.
|Number Of Employees||33,074|
|Median Property Value||$251,500|
The average household income in Rancho Cordova, CA grew from $53,360 to $57,965 in the past year. This data is an estimate based upon 24,546 households in Rancho Cordova, CA . The chart below presents how household income is distributed in Rancho Cordova, CA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Rancho Cordova, CA shifted from $223,300 to $251,500 throughout the year. The subsequent graph indicates the share of properties in the given price range in Rancho Cordova, CA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Rancho Cordova, CA properties falls in the '$300,000 to $399,999' 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 Rancho Cordova, CA compared to median property taxes around the country. The prevalent amount of property taxes in Rancho Cordova, CA equals $3000, which is less than the national average.
|Apartment Size||May||vs Last Month|
|Studio for sale||$142,466||N/A|
|1 bed for sale||$36,500||N/A|
|2 bed for sale||$306,287||+2.7%|
|3 bed for sale||$523,725||+8.5%|
|4+ bed for sale||$595,101||+8.9%|
During May 2022, the average price for an apartment in/near Rancho Cordova, CA increased by 6.3% to $521,734.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $36,500 with no changes this month. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $306,287. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $523,725. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $595,101 for a big-family home.
|Listing Type||May||vs Last Month|
|Lofts for sale||$605,471||+26.4%|
|Apartments for sale||$137,057||+11.8%|
|Houses for sale||$549,611||+4.1%|
|Condos for sale||$351,977||+12.3%|
|Townhouses for sale||$700,000||N/A|
While assessing the property pricing Rancho Cordova, CA, you can note that it remains flat with a price tag of $137,057. According to statistics, average house is still $549,611 with no significant changes this month. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $351,977. The price statistics of lofts have not significantly changed, it now still goes for $605,471. Value of the townhouses didn’t change, the price still starts at $700,000.