Rent is higher than in 79% of U.S. cities. A typical house costs about 4.2 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $91,440 a year. That is $44 an hour at a full-time job.
Is rent cheaper than other California cities?
Yes. Rent here is cheaper than in most of California. It is number 306 of 653 cities from cheapest to most expensive.
How much do households earn in Hanford?
Share of households by yearly income. 26.7% of households earn $100,000 or more.
Rent by apartment size in Hanford
| Size | Hanford | U.S. average |
|---|---|---|
| Studio | $950 | $1,338 |
| 1 bedroom | $971 | $1,324 |
| 2 bedrooms | $1,242 | $1,509 |
| 3 bedrooms | $1,781 | $1,698 |
| 4 bedrooms | $1,910 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Hanford overall?
Everyday prices in the Hanford-Corcoran metro area are 2% above the U.S. average (index 101.6, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.
Taxes and bills in Hanford
Life in Hanford
What jobs pay in Hanford
| Job | Median pay | Rent / pay |
|---|---|---|
| Pharmacist | $171,900 | 16.0% |
| Nurse Practitioner | $168,540 | 16.3% |
| Physician Assistant | $161,470 | 17.0% |
| Lawyer | $149,430 | 18.4% |
| Registered Nurse | $128,160 | 21.4% |
| Computer Systems Analyst | $122,320 | 22.4% |
| Dental Hygienist | $113,160 | 24.2% |
| Operations Manager | $104,730 | 26.2% |
| Civil Engineer | $99,910 | 27.5% |
| Elementary School Teacher | $98,470 | 27.9% |
| Electrician | $86,040 | 31.9% |
| Police Officer | $82,770 | 33.1% |
| Accountant | $78,300 | 35.0% |
| Licensed Practical Nurse | $77,650 | 35.3% |
| Carpenter | $73,250 | 37.4% |
| Market Research Analyst | $70,720 | 38.8% |
| Plumber | $62,860 | 43.6% |
| HVAC Technician | $62,670 | 43.8% |
| Firefighter | $55,220 | 49.7% |
| Medical Assistant | $49,510 | 55.4% |
| Warehouse Worker | $48,420 | 56.7% |
| Truck Driver | $48,110 | 57.0% |
| Customer Service Representative | $47,840 | 57.3% |
| Nursing Assistant | $45,980 | 59.7% |
| Restaurant Cook | $38,810 | 70.7% |
| Retail Salesperson | $37,900 | 72.4% |
| Cashier | $35,420 | 77.4% |
| Server (Waiter/Waitress) | $35,160 | 78.0% |
Is it cheaper to rent or buy in Hanford?
Renting is cheaper right now: about $138 a month less.
Owning assumes a typical $349,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $34,940 for the down payment.
Frequently asked questions
What is the average rent in Hanford, CA?
Renting in Hanford costs a median of about $2,286 a month in 2026, including utilities. The California median is $2,357.
How much do I need to make to live in Hanford?
To keep rent under 30% of income, you need about $91,440 a year, or $44 an hour at a full-time job.
Is Hanford cheap or expensive?
Hanford is rated Expensive: rent takes 33.3% of the typical household income of $82,463. It ranks 306th cheapest of 653 California cities we track.
How much are property taxes in Hanford?
The median homeowner in Hanford pays $2,736 a year in property taxes, about 0.78% of the median home value.
Is Hanford more expensive than the national average?
Overall prices in the metro area are 2% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Hanford?
The median home value in Hanford is $349,400, about 4.2 times the typical yearly household income.
59,754 people live in Hanford. Numbers are typical (middle) values.