Sacramento, CA is a city located in northern California. It is the capital of the state and has a population of around 450,000 residents, which makes it the 6th largest city in California. Sacramento provides it local residents with a range of different cultural and entertainment options, including the Sacramento Kings, which are a franchise in the NBA. Due to the fact that Sacramento is the capital of California, it also has a lot of professional opportunities for those that want to work in state and local governments.

Overall, Sacramento is one of the fastest growing cities in California. It has seen growth in excess of 20% in the last decade alone. Further, many of the surrounding communities have seen dramatic increases in population and economic revitalization. The Sacramento metro area as a whole has a population of nearly 2.5 million people. Due to the continued demand for professionals and the recent growth, Sacramento continues to have a strong and stable housing market.

Mortgages Loans in Sacramento

Many different national and regional banks, each of which provides mortgages to local homebuyers, represent the city of Sacramento. Sacramento has a high percentage of borrowers that take advantage of both FHA and VA loan programs, which can help many people become first time home buyers. Those that are looking to buy a home in Sacramento will normally receive very competitive interest rates, particularly if the borrower is well qualified.

Median Income and Housing Prices

While many areas of California are considered to be unaffordable for the average resident, Sacramento provides its residents with a fair level of affordability. In 2015, the median household income is around $52,000, which is below the state average of $65,000. The median house value in Sacramento is around $287,000, which is well below the state average of California.

Overall, the city of Sacramento has a strong economy and housing market. However, the wealthiest and most expensive areas of the city tend to be closer to the city center where home buyers routinely spend well over $500,000. The city also has a number of wealthy suburbs, including those to the east and southeast where larger homes can cost closer to $1 million.

Education in Sacramento

Public schools in Sacramento are managed by Sacramento City Unified School District, which is one of the largest districts in the state of California. Overall, the school district has over 52,000 students that are taught at about 65 different public schools across the city. The school and system rankings are positive overall. However, the level of funding is somewhat low with an average of $7,400 per pupil per year. The district also has a high student to teacher ratio of nearly 22 to 1.

While the public schools may seem over-crowded, those that are looking for more teacher attention can send their children to a private school. Overall, the city has over 80 different private schools located all over the city. Sacramento also has several local colleges and universities. The largest college in the city is California State University, which has over 25,000 students. Overall, there about a dozen different four-year schools, community colleges, and trade schools that specialize in different areas of education.

Crime in Sacramento

Compared to other cities in the United States, Sacramento has a relatively low crime index. The city has seen a significant reduction in overall crime over the past five years, much of which is due to the recent revitalization of the city. The overall rate of violent crimes in Sacramento have remained flat over the past few years, but non-violent crimes have been cut in half in many areas of the city.