In fact, the median household income in the city is $114,000. So if you can stretch your budget wisely, you can get the best bang for your buck in Fremont compared with other Bay Area cities (across the bay in Palo Alto the median home price in 2019 was a whopping $2.9 million).Feb 4, 2021
Is Fremont a good area?
Fremont is in Alameda County and is one of the best places to live in California. ... In Fremont there are a lot of restaurants, coffee shops, and parks. Many families and young professionals live in Fremont and residents tend to be liberal. The public schools in Fremont are highly rated.
Is Fremont expensive to live in?
metro area, which is ranked 7 out of 273 cities across the US in terms of cost of living. According to C2ER (the Council for Community and Economic Research), the cost of living in Fremont is estimated to be 154.7% of the national average making it one of the most expensive cities in the US.
Is Fremont poor?
The poverty rate in Fremont is 4.9%. One out of every 20.6 residents of Fremont lives in poverty. How many people in Fremont, California live in poverty? 11,165 of 230,105 Fremont residents reported income levels below the poverty line in the last year.
Will Bay Area home prices drop 2022?
Wei said that while home prices have dipped slightly from their historic summer highs, he predicts that prices will keep inching upward at a more moderate pace in 2022 due to a long-term imbalance between supply and demand.Nov 10, 2021
Is it a good time to buy a house in Bay Area 2021?
2021 and beyond is a great time to buy property in the SF Bay Area. Due to various factors, the housing market should stay strong for years to come. SF Bay Area property prices have actually underperformed during the global pandemic as people moved to less dense areas.