Cost of Living in Hanford, CA
Population: 59,389 • 2026 Data
$73,544
Median Household Income
-5% vs national
$1,196
Median Monthly Rent
-11% vs national
$323,600
Median Home Value
-5% vs national
8.6%
Unemployment Rate
Housing in Hanford
The median home value in Hanford, CA is $323,600. Monthly rent for a typical unit averages $1,196, while total monthly housing costs (including utilities and insurance) average $1,400.
Rent-to-income ratio: 19.5%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Hanford, CA is $73,544. The unemployment rate stands at 8.6%, with a labor force of 26,485 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.