Cost of Living in Hanford, CA

Population 59,389 · California · Data vintage 2023

100
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

The Hanford cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $324,000, rents near $1,196 a month. At 9.0%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Located 20 miles west of Visalia, Hanford falls within that metro's commuting orbit. Housing prices track closely with Visalia's $341,000 median.

Cost Overview

Housing 106
Rent 91

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Hanford

The median home value in Hanford is $323,600 — 6% above the national median of $305,000. Median rent runs $1,196/month, 9% lower than the national median of $1,314/month. The median household income of $73,544/year is 1% lower than the US median of $74,580. The local unemployment rate is 9.0%, above the national average of 4.8%. California's top state income tax rate is 13.3% and the combined sales tax is 8.7%. Overall, Hanford has a cost of living index of 100 versus the US average of 100, meaning it is on par with the national average.

🏠 Housing

Median Home Value
$323,600
6% above avg
Zillow Home Value
$374,952
Zillow ZHVI
Median Rent
$1,196/mo
9% below avg
Zillow Rent
$1,692/mo
Zillow ZORI
Price-to-Rent Ratio
22.5x
Favors renting
Property Tax Rate
0.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,195
1 BR
$1,241
2 BR
$1,544
3 BR
$2,163
4 BR
$2,556
Owner-occupied 62.1%
Renter-occupied 37.9%

💰 Estimated Monthly Budget

Rent median rent
$1,196
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,810/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
25.0 min
7% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.3%

Commute Mode

Drove alone
76.4%
Carpooled
13.6%
Public transit
0.5%
Walked
1.7%
Bicycle
0.3%
Work from home
6.3%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 13.3%
Total Sales Tax 8.7%
State rate 7.3%
Avg local rate 1.4%
Property Tax 0.7%

💼 Income & Employment

Median Household Income
$73,544
1% below avg
Per Capita Income
$31,281
Unemployment Rate
9.0%
88% above avg
Poverty Rate
14.9%
Labor Force Participation
59.9%

🎓 Education

Bachelor's degree+ 12.4%
Graduate degree 5.4%

👥 Demographics

Median Age 32.5
Male median age 32.1
Female median age 33.4

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 58 — Moderate
34%
Good air days/yr
148
Max AQI recorded
165
PM2.5 days
154
Ozone days

Frequently Asked Questions

What is the cost of living in Hanford, CA?

Hanford has a cost index of 100 (100 = national average). It is near the national average.

What is average rent in Hanford, CA?

The median gross rent in Hanford is $1,196 per month based on 2023 Census data.

What is the average home price in Hanford?

The median home value in Hanford is $323,600 according to Zillow and Census data.

What is the median income in Hanford?

The median household income in Hanford is $73,544 per year (2023 ACS 5-year estimates).

What is the sales tax in Hanford, CA?

The combined state and local sales tax rate in Hanford is 8.7%. The California state income tax top rate is 13.3%.

Is Hanford, CA affordable?

Hanford is near the national average in terms of cost of living, with an index of 100 (100 = US average).

Hanford at a Glance

Population
59,389
Median Income
$73,544
Home Value
$323,600
Median Rent
$1,196/mo
Unemployment
9.0%
Sales Tax
8.7%
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🗺️ County data for California

Explore county-level cost of living data

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