Housing
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Commute
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
Cost Of Living
Living in this region comes with a high cost of living, translating to elevated costs for homes, goods and services, groceries, utilities, health care and transportation.
Crime
This area reports elevated crime rates per 100,000 individuals, potentially pointing some areas being unsafe for its residents. Stats are based on both property and violent crimes.
Placerville is a mid-sized city located in the state of California. The city has a population of 10,954 residents. At 90%, the majority of the Placerville population is White; this is followed by 1% Black and 1% Asian. On a daily basis, the typical American spends approximately 26 minutes on their one-way work commute. Reduced travel times not only contributes to increased overall happiness, but also affords more opportunities to cherish moments with family and friends. If you're living in Placerville, your commute time will align closely with the national average, spanning a one-way duration of approximately 23 minutes.
Living in Placerville can be a fulfilling experience for anyone moving to the town. Having said that, in the state of California, there are many incredible places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. Finding the best places to live in Placerville and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes cost of living, education, employment and other important metrics.
The livability score in Placerville is 62 out of 100 and the city is ranked in the 49th percentile of all cities across America. Based on the scores for each individual category, Placerville has received high marks for housing (B-). There is at least one category that does not have great scores in Placerville. The following was graded with a discouraging score: amenities (D) and cost of living (F).
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Placerville, the unemployment rate stands at 2.51%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Placerville market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Placerville real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Placerville. Median real estate prices in Placerville come in at $365,300, which is 10.8% lower than the California average. The home price to income ratio compares the median home prices to the median household income. In Placerville, the home price to income ratio is 6.1, which is 4.7% lower than the California average.
| Statistic | Placerville | California | National |
| Average one way commute | 23min | 28min | 26min |
| Workers who drive to work | 77.0% | 73.5% | 76.4% |
| Workers who carpool | 9.9% | 10.6% | 9.3% |
| Workers who take public transit | 0.8% | 5.2% | 5.1% |
| Workers who bicycle | 0.0% | 1.1% | 0.6% |
| Workers who walk | 1.4% | 2.7% | 2.8% |
| Working from home | 9.2% | 5.4% | 4.6% |
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