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Sacramento

Discover Gold Rush era attractions and farm to table eateries, along with affordable housing options in California's capital.

Office Location

11,500

Jobs Created
1.1%

$75,913

Median Household Income
3.8%

10,189

Total Housing Permits
30.4%

182

Total Number of Projects
-6.2%

$541,637

SFD New Home List Price
8.5%

0

New Home Sales
-3.1%
Monthly

Market Health

Sacramento s population is 2.4M, with a total workforce of 1.0M. The labor market grew by 11,500 jobs over the past year, up by 1.1%. The median household income in Sacramento is $75,913, 3.8% higher than last year and 20.2% above the national average of $63,179.
In the housing market, total permits issued totaled 10,189 over the last twelve months, up 30.4% year-over-year. Sacramento has 182 active new home projects on the market, 6.2% fewer than the 194 from last year. The average list price in the market is $541,637, 8.5% higher than last year and 68.5% above the national average. Over the last three months, new home contracts decreased by 3.1% to 1,607. Sacramento and Roseville had the highest concentration of the new home contracts in the Sacramento market.

Our Experts

Work with leaders in the industry.

Tim Sullivan

Senior Managing Principal

Tim Sullivan

Senior Managing Principal


Stephen Smiley

Senior Vice President

Stephen Smiley

Senior Vice President


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