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| Date | US | Sacramento |
|---|---|---|
| 2019 | $65,712 | $76,706 |
| 2018 | $61,937 | $73,142 |
| 2017 | $60,336 | $67,902 |
| 2016 | $57,617 | $64,052 |
Sacramento isn’t among those 14 cities, but it’s close. Sacramento residents need to make more than $90,000 a year to live comfortably, the analysis found.
If you earn a $100,000 salary, you’re well ahead of the median worker in the U.S. But if you live in Sacramento, it’s harder to make that money go as far as in other major U.S. cities. … After taxes and essentials, Sacramento workers earning $100,000 a year have about $24,282 left over.
| Population | ||
|---|---|---|
| Income & Poverty | ||
| Median household income (in 2019 dollars), 2015-2019 | $62,335 | $62,843 |
| Per capita income in past 12 months (in 2019 dollars), 2015-2019 | $31,956 | $34,103 |
| Persons in poverty, percent | 16.6% | 11.4% |
- Parker Homes. Population 243. 659 % …
- Del Paso Park. Population 1,232. 237 % …
- Midtown. Population 6,443. 229 % …
- Gardenland. Population 3,078. 214 % …
- Upper Land Park. Population 3,917. 194 % …
- South Hagginwood. Population 4,864. 194 % …
- Johnson Heights. Population 668. …
- Wills Acres. Population 1,025.
A family earning between $32,048 and $53,413 was considered lower-middle class. For high earners, a three-person family needed an income between $106,827 and $373,894 to be considered upper-middle class, Rose says. Those who earn more than $373,894 are rich.
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Living Wage | $16.99 | $38.47 |
| Poverty Wage | $6.13 | $12.60 |
| Minimum Wage | $12.00 | $12.00 |
When assessing the cost of living in Sacramento, one of the biggest factors that makes Sacramento a fairly expensive place to live is the cost of housing. Sacramento has a homeownership rate of just 49% compared to the national average of 64%.
Sacramento came in at No. 22 on the list of most expensive cities, with average monthly expenses of $2,276.39. Those monthly averages break down as follows: Rent for a one-bedroom apartment.
- The beautiful weather. …
- Relatively affordable housing. …
- A promising job market. …
- Sacramento is a sports city. …
- Education is key. …
- The residents love coffee. …
- Become a beer and wine connoisseur. …
- There are many things to do.
Los Angeles is 46.6% more expensive than Sacramento. Los Angeles housing costs are 110.6% more expensive than Sacramento housing costs. Health related expenses are 7.5% less in Los Angeles.
Cost of Living Comparison Between Sacramento, CA and San Francisco, CA. You would need around 8,442.52$ in San Francisco, CA to maintain the same standard of life that you can have with 5,200.00$ in Sacramento, CA (assuming you rent in both cities). … Tell us some prices in San Francisco.
The cost of living in Sacramento is approximately 15% higher than the national average,2 so the poverty level for Sacramento is $17,273. The wage sufficient for a family of three with one full time worker to reach this poverty line is $8.64.
Race and Ethnicity There were 93.5k Asian (Non-Hispanic) and 75.2k Other (Hispanic) residents, the second and third most common ethnic groups. 30.9% of the people in Sacramento, CA are hispanic (159k people).
According to the most recent ACS, the racial composition of Sacramento was: White: 46.35% Asian: 18.88% Black or African American: 13.18%