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Folsom by the Numbers – a new ‘Best Places to Live’ Designation

Posted on: January 17, 2020

Folsom by the numbers1

The City of Folsom’s 4th quarter economic report, provided by the Greater Folsom Partnership, puts numbers on some things we pretty much already knew; Folsom is doing great!

Our unemployment rate, at 2.8% is 10th lowest in California.

Median household income is about $103k, nearly $40k higher than the median for the state.

Our poverty rate is a low 4.7%.

These are some of the reasons why Folsom’s housing market is doing so well.

Though not on the report, it is important to note that Folsom’s home prices have fully recovered from the market crash, and have surpassed the previous record price of $271 per square foot, set back in 2006.

Although Folsom has relatively high home prices compared with most other communities in the region, homes available in Folsom today are priced as low as $429,000 (condos as low as $305k), and still far below nearby Bay Area communities.

In other news, Money Magazine just named Folsom the 3rd best  of 20 Sacramento area cities in which to live, adding this to the list of other accolades, including; ‘Best Place to Raise a Family’, ‘Best Place to Find a Job’, and more.

Yes, Folsom continues to grow and prove that it is one of the best communities in all of California. Just a great place to be.

Wanna live here? Check out Folsom homes for sale

Steve Heard is a Realtor with EXP Realty of California, License #01368503

Owner of MyFolsom.com, and 19 year resident of Folsom, and just loves the place

 – Reach Steve at 916 718 9577 or steve@myfolsom.com

 

New Sac to Bay Air Shuttle Takes Off!

Posted on: August 21, 2019

Shuttle Plane

Over 40 local business people turned out to mark the inaugural flight of the Sacramento to Bay Area Air Shuttle service.

Dignitaries on hand were Folsom Mayor Kerrie Howell, former Folsom Mayor Bob Holderness, and Rancho Cordova Mayor Linda Budge, along with representatives from and Ambassadors from both Rancho Cordova and Folsom Chambers of Commerce.

During a brief speech, Greater Sacramento Economic Council President Barry Broome said that with 30,000 people moving from the Bay Area to the Sacramento region last year, and with a shared workforce of over 220,000 people, the region is increasingly becoming one labor market, and there is a need for more transportation options.

With this new charter service, one can leave Mather Field, and be in San Carlos or San Jose (depending on the day of the week), in 35 minutes, take care of business, and be back home for dinner.

At $350 round-trip, the price is comparable, or even cheaper than ground transportation options. A car from Sacramento to SFO for example, runs about $150 each way.

The shuttle, however, saves about 5 hours of travel time, and as the Greater Folsom Partnership president Joe Gagliardi noted, the time savings will allow for greater productivity.

It will be of great benefit for those who want to enjoy the easier Sacramento lifestyle, the lower cost of living, and still maintain business connections in the Bay Area.

This a 3 month pilot program, spear-headed by Will Kempton, a transportation and economic development consultant with the Greater Folsom Partnership, and if proven successful, will become permanent.

Also on today’s flight were Micah Runner, Deputy City Manager for Rancho Cordova, and Folsom resident and news anchor Cristina Mendonsa, along with a videographer, who will capture video highlights for a media release.

For more information or to purchase space on the shuttle go to: https://choosefolsom.com/air-service-program/

 

Steve Heard is a Realtor with EXP Realty, DRE#01368503 and owner of MyFolsom.com

He also sits on the Board of Directors with the Greater Folsom Partnership