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Economy, jobs and prices in Folsom, California: official figures

The median household income in Folsom was $139,804 a year in the 2020-2024 American Community Survey (in 2024 dollars), 46th highest of 823 US cities of 50,000 or more; the US median was $80,734 and the California median $99,122.

Median household income
$139,804
2020-2024
Unemployment rate (ACS)
6.3%
2020-2024
Mean travel time to work
26.6 min
2020-2024
Median gross rent (monthly)
$2,352
2020-2024
Median home value (owner-occupied)
$755,200
2020-2024
Homes occupied by their owners
69.7%
2020-2024
Households with a broadband subscription
95.8%
2020-2024

What is the per capita income in Folsom?

Income per resident (per capita income) in Folsom averaged $62,962 a year in 2020-2024, 86th highest of 823 US cities of 50,000 or more (US: $44,673; California: $49,513).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Folsom?

Folsom's Gini index of household income inequality was 0.423 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 220th least unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Folsom, California?

6.3% of the civilian labor force in Folsom was unemployed on average over 2020-2024 (2,642 people), 229th highest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and California's 6.6%.

Source: U.S. Census Bureau · saved copy

What share of people in Folsom are working?

62.6% of Folsom's 67,231 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 222nd lowest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Folsom have jobs?

39,374 residents of Folsom held civilian jobs, 58.6% of those aged 16 and over (US: 59.7%), and 38 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Folsom?

The largest industry group for working residents of Folsom was education, health care and social assistance (23.7% of employed residents), followed by professional, scientific, management and administrative services (16.3%) and manufacturing (10.5%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Folsom work in manufacturing?

Manufacturing employed 10.5% of working residents of Folsom, 285th highest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 16.3% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Folsom, California?

Commuters in Folsom took 26.6 minutes on average to get to work in 2020-2024, 297th longest of 823 US cities of 50,000 or more (US: 26.4 minutes); 7.7% travelled an hour or more and 27.5% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Folsom get to work?

31.0% of workers living in Folsom worked from home in 2020-2024, 36th highest of 823 US cities of 50,000 or more (US: 15.1%). 59.7% drove to work alone, 5.3% carpooled, 1.6% used public transport and 1.4% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Folsom, California?

The median gross rent (rent plus utilities) in Folsom was $2,352 a month in 2020-2024, 70th highest of 823 US cities of 50,000 or more (US: $1,413; California: $2,036).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Folsom?

Owner-occupied homes in Folsom had a median value of $755,200 in 2020-2024 as estimated by their owners, 105th highest of 823 US cities of 50,000 or more (US: $332,700; California: $734,700).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Folsom?

The median home value in Folsom was 5.4 times the median household income, 303rd highest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Folsom, California own their home?

69.7% of the 29,963 occupied homes in Folsom were lived in by their owners in 2020-2024 and 9,065 were rented, 164th highest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; California: 55.9%).

Source: U.S. Census Bureau · saved copy

What share of homes in Folsom have broadband?

95.8% of households in Folsom had a broadband internet subscription of some type in 2020-2024, 129th highest of 823 US cities of 50,000 or more (US: 91.0%; California: 93.5%).

Source: U.S. Census Bureau · saved copy

How many households in Folsom have no internet?

2.6% of households in Folsom (783) had no internet access at home in 2020-2024, 156th lowest of 823 US cities of 50,000 or more (US: 6.5%); 7.1% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Folsom compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Folsom ranks 46 of 823, highest first.

RankCityMedian household income (2024 dollars)
43Bothell$140,427
44San Clemente$140,062
45Weston$139,825
46Folsom$139,804
47Leander$139,048
48Lakeville$139,041
49Collierville$138,598
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Folsom ranks 86 of 823, highest first.

RankCityPer capita income (2024 dollars)
83Huntington Beach$64,102
84Irvine$64,055
85Boulder$63,074
86Folsom$62,962
87Austin$62,862
88Collierville$62,842
89Arlington Heights$62,826
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Folsom ranks 604 of 823, highest first.

RankCityGini index of household income inequality
601Fremont0.424
602Kent0.423
603Placentia0.423
604Folsom0.423
605Flower Mound0.423
606West Allis0.423
607St. Louis Park0.422
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Folsom ranks 229 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
226Jonesboro6.3%
227Gilroy6.3%
228Bradenton6.3%
229Folsom6.3%
230Ontario6.3%
231Hayward6.3%
232Chicopee6.3%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Folsom ranks 602 of 823, highest first.

RankCityLabor force participation rate (16 and over)
599Augusta62.6%
600Newport Beach62.6%
601Reading62.6%
602Folsom62.6%
603Tamarac62.5%
604Vallejo62.5%
605San Clemente62.5%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Folsom ranks 297 of 823, highest first.

RankCityMean travel time to work (minutes)
294Fishers26.7
295Elizabeth26.7
296Newton26.6
297Folsom26.6
298Noblesville26.6
299Placentia26.6
300Pasadena26.6
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Folsom ranks 36 of 823, highest first.

RankCityWorkers who worked from home
33Somerville31.3%
34Naperville31.1%
35Scottsdale31.1%
36Folsom31.0%
37Oak Park31.0%
38San Francisco31.0%
39Cambridge30.8%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Folsom ranks 330 of 823, highest first.

RankCityWorkers commuting by public transportation
327South Bend1.6%
328Newport News1.6%
329Carson1.6%
330Folsom1.6%
331La Habra1.5%
332Missoula1.5%
333Muncie1.5%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Folsom ranks 285 of 823, highest first.

RankCityEmployed residents working in manufacturing
282Lakeville10.6%
283Bethlehem10.6%
284Pinellas Park10.6%
285Folsom10.5%
286Port Arthur10.5%
287Cincinnati10.5%
288Draper10.5%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Folsom ranks 343 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
340Chesapeake23.7%
341Charleston23.7%
342Murfreesboro23.7%
343Folsom23.7%
344Placentia23.7%
345Rock Hill23.7%
346Eagle Mountain23.7%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Folsom ranks 70 of 823, highest first.

RankCityMedian gross rent per month
67San Rafael$2,377
68Newton$2,370
69Rancho Cucamonga$2,357
70Folsom$2,352
71San Marcos$2,348
72Temecula$2,347
73Lakewood$2,347
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Folsom ranks 105 of 823, highest first.

RankCityMedian value of owner-occupied homes
102Vista$762,400
103Chula Vista$758,700
104Medford$755,500
105Folsom$755,200
106Waltham$748,700
107Mount Pleasant$748,500
108Rancho Cucamonga$740,200
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Folsom ranks 300 of 820, highest first.

RankCityMedian home value as a multiple of median household income
297Stillwater5.4x
298Redding5.4x
299Moreno Valley5.4x
300Folsom5.4x
301Arvada5.4x
302Henderson5.4x
303San Jacinto5.4x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Folsom ranks 164 of 823, highest first.

RankCityOccupied homes lived in by their owners
161Vineland69.9%
162Apple Valley69.9%
163Casper69.8%
164Folsom69.7%
165DeSoto69.6%
166Pembroke Pines69.6%
167Murrieta69.5%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Folsom ranks 129 of 823, highest first.

RankCityHouseholds with a broadband subscription
126Hoffman Estates95.8%
127Lee's Summit95.8%
128Antioch95.8%
129Folsom95.8%
130Redmond95.8%
131Vacaville95.7%
132McKinney95.7%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Folsom ranks 668 of 823, highest first.

RankCityHouseholds with no internet access
665Surprise2.6%
666Grapevine2.6%
667Mount Pleasant2.6%
668Folsom2.6%
669North Port2.6%
670Champaign2.6%
671Tempe2.6%
Source: U.S. Census Bureau · saved copy

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Sources

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