Kings County · California · West · 60k residents
Hanford, CA: economy, jobs & business costs
The site-selection read on Hanford: labor costs, talent, corporate tax, energy, and business activity, with the California median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,102/wk. California's corporate income tax rate is 8.84%. Commercial electricity averages 25.5¢/kWh.
Compare Hanford side by side
Avg. weekly wage
$1,102/wk
Corporate income tax
8.84%
Bachelor's degree or higher
18.1%
Commercial electricity
25.5¢/kWh
Economic momentum
How fast Hanford's economy is moving, ranked against the US cities we track.
75/100
Heating
Ranks Hanford's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $349,400 |
| Price per sq. ft. | $470 |
| Property tax rate | 0.75% |
| 1-bedroom rent | $916/mo |
| 2-bedroom rent | $1,171/mo |
| State & local income tax | 2.09% |
| Sales tax | 8.8% |
| Corporate income tax | 8.84% |
| Avg. weekly wage | $1,102/wk |
| Bachelor's degree or higher | 18.1% |
| Commercial electricity | 25.5¢/kWh |
| Businesses per 1k residents | 37.1/1k |
| Wage: Software developer | $174,410 |
| Wage: Registered nurse | $128,160 |
| Wage: General manager | $104,730 |
| Wage: Customer service | $47,840 |
| Wage: Warehouse worker | $39,460 |
| Wage: Heavy truck driver | $48,110 |
| Wage: Electrician | $86,040 |
| Wage: Retail salesperson | $37,900 |
| Cost of living index | 103 |
| Groceries index | 112 |
| Utilities | $245/mo |
| Transit pass | $90/mo |
| Gas price | $4.80/gal |
| Healthcare index | 108 |
| Childcare (per child) | $1,450/mo |
| Median household income | $76,461 |
| Unemployment rate | 5.2% |
| Population | 60k |
| Crime index | 52/100 |
| School rating | 5.5/10 |
| Walkability | 34/100 |
| Disaster risk | 92/100 |
| Avg. commute | 29 min |
| Sunny days / year | 260 days |
| July high | 98°F |
| January low | 37°F |
| Annual snowfall | 0 in |
| Home price YoY | +2.3% |
| Home price MoM | +0.1% |
| Rent YoY | +1.8% |
| Rent MoM | 0.0% |
| Employment (jobs) YoY | +2.6% |
| Building permits YoY | -3.1% |
| Ocean coast | 95 mi |
| Big lake | 182 mi |
| Mountains | 77 mi |
| Major airport | 31 mi |
| Ski resort | 96 mi |
Popular comparisons
Nearby
- Visalia, CA · 144k
- Tulare, CA · 71k
- Clovis, CA · 125k
- Fresno, CA · 546k
- Porterville, CA · 63k
Similar size
- Gardena, CA · 59k
- Santee, CA · 59k
- Petaluma, CA · 59k
- Pico Rivera, CA · 60k
- Monterey Park, CA · 59k
Real listings in Hanford
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Hanford a good place to run a business?
- California's corporate income tax rate is 8.84%; average weekly wages in the surrounding labor market run $1,102/wk; commercial electricity averages 25.5¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Hanford, CA?
- Hanford indexes at 103 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,171/mo and a acs median home value of $349,400.
- How much does a house cost in Hanford?
- The acs median home value in Hanford is $349,400 (Census ACS estimate; individual listings vary).
- How much is rent in Hanford?
- A two-bedroom in Hanford rents for about $1,171/mo.