MyNeighborhood

Can you afford to live in Folsom?

Median household income, home values and rent in Folsom, CA — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Folsom.

Median household income: $139,263 — +37.9% since 2015 (not adjusted for inflation)

Median gross rent: $2,279/mo — +57.0% since 2015

Median home value, 2015 to 2023

  • 2015: 409400
  • 2023: 702200

Median household income

  • Folsom: 139263
  • Sacramento County: 88724
  • CA: 96334
  • U.S.: 78538

Median gross rent

  • Folsom: 2279
  • Sacramento County: 1702
  • CA: 1956
  • U.S.: 1348

Share of income a typical renter spends on rent: 28.5% — U.S.: 30.2%

What it means

The typical household here earns $139,263 — far higher than the national figure of $78,538.

The typical renter here spends 28.5% of household income on rent, below the 30% cost-burden line.

Since 2015, rent has risen faster than income here (+57.0% versus +37.9%), before adjusting for inflation.

Sources

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