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HANFORD, Calif. (KSEE/KGPE) - New statistic by the Department of Commerce recovered that Hanford is the cheapest spot to unrecorded among California’s metro cities.
Compared to the nationalist average, living in Hanford is 2% cheaper overall. While that whitethorn not look significant, lodging costs are astir 31% lower.
"I've been an cause for 16 years, but I've been saying that Hanford is the astir affordable lodging for the past nine," said Carrie Johnson-Coppola, existent property cause for London Properties.
In California, the median location terms is conscionable nether $800,000.
Coppola said successful Hanford, "Our median terms close now, is $365,000 for a 3 bedroom, 2 bath."
Being centrally located, she said galore of her clients are moving from larger metro areas to telephone Hanford home.
"As acold arsenic similar San Francisco, each the mode to Southern California, it's a three-hour drive, the foothills and the formation is simply a two-hour drive," Coppola said.
The metropolis is not lone increasing successful population, with astir 10,000 caller residents successful the past 10 years, but the options for buying and eating are besides flowing in.
"There's respective developers that we're moving wrong the country that proceed to person an involvement successful Hanford, and we bash perceive to the nationalist and we recognize precisely what they'd similar to spot successful the community, and we're trying to bring that here," said Mario Cifuentez, Hanford's City Manager.
Hanford isn't the lone Central Valley metropolis that fares good against the nationalist average.
The outgo of surviving is 1% cheaper successful Merced than the nationalist average, 1% higher successful Visalia, 3% higher successful Madera, and 4% higher for folks successful Fresno.
But not each the quality is good; Central Valley residents wage 40% much for utilities than the mean American.