In this forum, we often talk about California's capital city
in terms of the real estate market, things to do and see, events, sports and
the outdoors, and other local news. But today, we wanted to crunch the numbers
on Sacramentans, themselves.
From population to income, education to employment, and much
more, here's a breakdown of Sacramento resident demographics.
Population:
Sacramento city has a population of 495,200.
Including Sacramento county and the greater metro area, the
population there are 776,941 residents.
That includes a 48.7% male population (378,020),
And 51.3% females (398,923).
Sacramento city is the 6th largest city in California, and
35th largest in the U.S.
The total population has increased 2.5% since 2010 and a
whopping 162.4% since 2000.
Living situation:
There are 283,982 households in the city and county, with an
average of 2.66 people per household.
Of all housing units:
55.2% are owner-occupied
44.8% are renter-occupied
It’s worth mentioning that the national homeownership rate
is around 63% right now, so Sacramento falls short.
Of those owner-occupied units, 73.8% still have a mortgage
while 26.2% are paid off or have no mortgage.
93.8% are occupied
6.2% are vacant
In total, there is a 1.3% homeowner vacancy rate and 5.1%
rental vacancy rate.
By housing type:
64.8% are single-family residences or 1-unit detached
housing
6.2% one unit, attached (townhomes, condos, etc.)
1.7% two units (duplexes)
5.3% three or four units
6.3% five to nine units
5% 10 to 19 units
8.2% 20 or more units
2.4% mobile home
Another notable statistic is that almost 1% of Sacramento’s
total population (0.9%) live in an institutionalized setting (like Folsom
Prison!).
Age:
The median age is 33.8 years in Sacramento.
That means Sacramentans are significantly younger city than
the California median age of 35.6 years or the national median age of 37.8
years.
Employment:
More than two-thirds of Sacramentans work in white-collar
jobs. In fact, 71.2% do so, while only 28.8% work In blue collar jobs.
74% of Sacramentans make their income from
current employment with a salary, while
24% rely on Social Security,
18% on retirement income
17% on other investments
10% are self-employed, and
7% are on public assistance
Sacramento’s unemployment rate is roughly 8.7%,
which is worse than the California (7.0%) and national unemployment rate.
There are 217,467 employees in Sacramento, with
a 2.57% annual growth rate. That
outpaces the U.S> average 1.83% growth rate.
Income and net worth:
The median household income in Sacramento is $55,187.
That is about 19% less than the California
median household income of $67,739.
But the average household income is much higher
in Sacramento; a reported $76,897.
Since 2000, the median income has grown 31% in the region,
but it’s only increased 5% since 2010.
The average household enjoys a net worth of $475,839.
Consumer Spending:
The average Sacramento household also spends $57,773
each year!
The Cost of Living Index in Sacramento is 114 (114% of the
national average). But that’s still significantly lower than the California
Cost of Living Index of 137%!
Compared to a national average (represented by 100%) of
spending, Sacramento residents typically spend more. Here are Sacramento household
expenditures the exceed the national average (and by how much):
106% Insurance
105% Clothing
106% Education
104% Entertainment
104% Food
104% Health Care
103% Household Furnishings
104% Shelter
104% Household Operations
104% Personal Care
104% Tobacco
103% Transportation
103% Utilities
Marital
Status:
46% of Sacramentans are currently married, which is a
significantly smaller percentage than the California average (53%) and U.S.
average (55%).
Of all Sacramento residents:
41.6% have never been married
40.1% are married
10.4% are divorced
5.6% are currently separated, and
2.4% are widowed
Education:
Sacramento is home to 193 public schools, 71 private
schools, and 31 post-secondary schools.
In total 80.1% of Sacramento residents completed high
school.
Looking closer at the education demographics we see:
31.4% had some college
23% earned their Bachelor’s Degree
11.9% earned their Graduate Degree
10.2% earned their Associate’s Degree
11.5% had some high school
12% had no high school*
*These stats include all Sacramento residents, including
those still too young for high school or college
Crime
rates:
Unfortunately, Sacramento’s total crime rates exceed that of
the national average in some aspects. Of course, crime is higher in many major
cities across the country, but the most part, Sacramento's neighborhoods and
communities are safe and family friendly.
Here are some notable crime statistics, showing above the
national baseline of 100%
Total crime risk 175%
Personal crime risk 152%
Robbery risk 194%
Property crime risk 220%
Automotive theft risk 514%
The good news is that Sacramento is below the California and
national average when it comes to certain classifications of violent assault.
Transportation:
The average household in
Sacramento has exactly 2.0 cars, and residents drive 24.7 minutes to and from
work every day.
Sacramento’s Regional Transit
District is the 11th busiest in the entire United States, with 274
buses and 76 light-rail vehicles offering service to 58,200 passengers every
day throughout 54 stations.
But Sacramento is also ranked as
the 24th most walkable major city in the U.S., and one of the most
bicycle-friendly cities in the U.S.
Sacramento International Airport
(SMF) handles more than 10 million passengers every year.
And if you live in Sacramento,
then you probably already know that our beloved city is exactly 3,073 miles
(4,946 km) from Ocean City, Maryland!
No comments:
Post a Comment