Living in Folsom, California
Cost of living, income, home prices, rent and demographics of Folsom · Census data 2020–2024
Folsom has 83,916 residents with a median age of 41. The median household income is $139,804 (41% higher than the California median), the median home value is $755,200, the median rent is $2,352/month.
Folsom at a glance
- Population
- 83,916
- Median age
- 41State: 37.9
- Median household income
- $139,804State: $99,122
- Median home value
- $755,200State: $734,700
- Median rent
- $2,352/moState: $2,036
- Homeowners
- 69.7%
- Bachelor's degree or higher
- 54.9%
- Average commute
- 27 min
Is Folsom a good place to live?
Pros: Median household income 41% higher than the California median; an average commute of 27 minutes; unemployment of 6.3%; a poverty rate of 5.3%.
Cons: Home values about the same as the state median.
The weather is best in April–May and September–October.
Cost of living in Folsom
Housing is the biggest part of the cost of living. In Folsom the median home value is $755,200, 127% higher than the U.S. median. Renters pay a median of $2,352 per month, which is 28.6% of household income. Homeowners with a mortgage pay $3,141 a month in housing costs.
Folsom median household income
The median household income in Folsom is $139,804 and the income per person is $62,962. 5.3% of residents live below the poverty line (California: 12%).
Housing in Folsom: homes for sale and rent
- Housing units
- 30,868
- Owner-occupied
- 69.7%
- Renter-occupied
- 30.3%
- Vacant
- 2.9%Includes seasonal homes
- Median year built
- 1997
- Average household size
- 2.64
Folsom demographics
- Population
- 83,916
- Median age
- 41
- Under 18
- 22.7%
- 65 and older
- 14.8%
- Households
- 29,963
- Foreign-born
- 20.2%
- Veterans
- 5.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Folsom ›
Education in Folsom
54.9% of adults 25 and older in Folsom have a bachelor's degree or higher (California: 37.1%), and 23.3% have a graduate or professional degree.
Jobs and commute in Folsom
- Unemployment rate
- 6.3%State: 6.6%
- Average commute
- 27 minState: 29 min
- Work from home
- 31%
- Drive alone
- 59.7%
- Public transit
- 1.6%
- Walk to work
- 1.4%
- Homes with broadband
- 95.8%
Folsom vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Folsom | 83,916 | $139,804 | $755,200 | $2,352 |
| Orangevale | 35,958 | $99,832 | $565,100 | $1,932 |
| El Dorado Hills | 51,026 | $165,349 | $909,500 | $2,552 |
| Fair Oaks | 32,799 | $116,975 | $683,000 | $1,910 |
| Gold River | 7,924 | $175,120 | $724,400 | $2,448 |
| Granite Bay | 21,673 | $184,606 | $1,135,900 | $2,740 |
| Rancho Cordova | 81,849 | $89,585 | $477,600 | $1,787 |
| Citrus Heights | 86,995 | $82,314 | $454,600 | $1,827 |
| Cameron Park | 18,315 | $102,289 | $667,900 | $1,806 |
More for people moving to Folsom
Folsom ZIP code ›Weather and climate ›Living in Folsom: FAQ
What is the median household income in Folsom, CA?
The median household income in Folsom is $139,804, 41% higher than the California median of $99,122 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Folsom?
The median home value in Folsom is $755,200, compared with $734,700 in California.
How much is rent in Folsom?
The median gross rent in Folsom is $2,352 per month, about 28.6% of household income.
Is Folsom, CA a good place to live?
Pluses: median household income 41% higher than the California median; an average commute of 27 minutes; unemployment of 6.3%; a poverty rate of 5.3%. Minuses: home values about the same as the state median.
What is the median age in Folsom?
The median age in Folsom is 41 years (California: 37.9).
How long is the commute in Folsom?
The average commute to work in Folsom is 27 minutes; 31% of workers work from home.
What is the unemployment rate in Folsom?
The unemployment rate in Folsom is 6.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Folsom?
54.9% of adults in Folsom have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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