Cost of Living,
Los Banos's Real Estate Market
Merced Metro Area
Profile: Small city Location: Central California, mid-Central Valley, 80 miles south of Sacramento Elevation: 22 Time zone: Pacific Standard Time
|Nearby national parks||Low educational attainment|
|Emerging college town ||Cost of living|
|Future job growth||Current unemployment|
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Merced has played a role, for the past 125 years, as a sleepy agricultural and transportation center and a travel gateway to Yosemite National Park. But in 2005, the long-awaited University of California Merced campus was finally opened, which should over time greatly influence its role and character and bring positive growth. Aside from the University and its 2100-acre campus northeast of town, Merced is a typical Central Valley town, with a pleasant if somewhat mundane character. Retail and residential growth are well-planned and attractive.
The COL Index and median home prices are extreme, especially given local incomes. Those willing to pay these prices are clearly betting on the future, and if Merced grows up to be another Davis, home of the University of California campus of that name and an excellent college town example, things should work out well.
The immediate area is level and mainly agricultural. Just to the east, the Sierra Nevada foothills rise into an oak-studded grassland with mountains approaching 13,500 feet. Coastal mountains rise to the west to 4,000 feet, providing a dramatic landscape on all but the most dusty or hazy valley days. Climate is typical for the Central Valley- hot, dry summers and mild winters with frequent valley fog and about 90% of the year’s annual rain.
Interesting Facts about Los Banos (zip 93635), California
As of 2014, Los Banos (zip 93635)'s population is 38,661 people. Since 2000, it has had a population growth of 34.29 percent.--------------------
The median home cost in Los Banos (zip 93635) is $160,700. Home appreciation the last year has been 24.90 percent.--------------------
Compared to the rest of the country, Los Banos (zip 93635)'s cost of living is 5.40% Higher than the U.S. average.--------------------
Los Banos (zip 93635) public schools spend $11,110 per student. The average school expenditure in the U.S. is $12,435. There are about 19.5 students per teacher in Los Banos (zip 93635).--------------------
The unemployment rate in Los Banos (zip 93635) is 15.00 percent(U.S. avg. is 6.30%). Recent job growth is Positive. Los Banos (zip 93635) jobs have Increased by 2.76 percent.
Ranked #79 America's Best and Worst Cities for Crime (Mid-Size Metro Areas)
Ranked #289 Best Green Cities
Ranked #328 2005 Best Places to Live
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Average Commute time is 41 minutes. The National Average is 25 minutes.--------------------
Los Banos (zip 93635)'s Real Estate Market (click to see properties)
• Newly Listed Homes
• Most Expensive Listing
• Million Dollar Houses
• Homes from $750,001 to $1,000,000
• Homes from $500,001 to $750,000
• Homes from $250,000 to $500,000
• Homes under $250,000
• Median Priced Homes
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