30 / 100

El Dorado County, CA

South El Dorado

RANK #690 / 996 NAT  ·  #13 / 43 CA  ·  POP 191,713

1YR FORECAST: -0.7%

5YR OUTLOOK: +19%

#16 Most Overvalued #29 Best Climate & Terrain
Our model projects El Dorado County's housing market at -0.7% over the next year, underperforming most U.S. counties.

[01] Why El Dorado County?

El Dorado County, Spanish for "The Golden One," is renowned as the heart of California's Gold Rush country, with Placerville serving as its historic county seat. Located in east-central California, about 45 miles northeast of Sacramento, the county spans rolling foothills to the Sierra Nevada mountains, including a portion of Lake Tahoe. This diverse landscape offers year-round outdoor recreation, from whitewater rafting on the American River to hiking and mountain biking on trails like the Jenkinson Lake Loop and the Rubicon Trail. Skiing and snowboarding are popular in the winter months near Lake Tahoe. Commute options to Sacramento are available via public transit, including commuter bus routes with park-and-ride locations.

Life in El Dorado County often appeals to families and those seeking a balance between natural amenities and community living. The county's public schools are highly rated, with approximately 70% scoring in the top thirty percent of California schools. The economy is experiencing growth, with significant investment in residential and commercial sectors. This includes new housing developments and expanded retail options. The region also has a growing wine and agricultural scene, with over 70 wineries.

[02] Market Snapshot

Housing Ratio
12.7x

Overvalued relative to economy

GDP Growth
+1.2%

Well below national median

Home Prices
-1.3%

Prices declining

Climate & Terrain
6.1

Favorable climate & terrain

Price/Rent
20x

Prices detached from rents

Housing looks overvalued at 12.7x — home prices are high relative to local economic output. Climate and geography support a structural premium. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    El Dorado County Government
    1,000+
  2. 2
    Blue Shield of California Healthcare
  3. 3
    Habitat For Humanity Other
    500+
  4. 4
    Target Retail
  5. 5
    Kroger (Dillons) Retail
  6. 6
    Regal Entertainment Group Hospitality
  7. 7
    OnTrac Logistics
  8. 8
    Broadridge Finance
  9. 9
    Telecare Corporation Healthcare
  10. 10
    McDonald's Hospitality

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

El Dorado County U.S. National

The Numbers

DEMOGRAPHICS
Population
191,713
+0.6% YoY
Median Household Income
$99,246
Median Home Value
$597,600
-1.3% 12mo
Median Rent
$1,597
Average Annual Pay
$66,226
+3.2% YoY
Employment
58,585
+1.0% YoY
Income-to-Home-Value
0.1661
Less affordable than average
Migration Inflow
5.62%
of pop. from another state
Bachelor's Degree+
38.0%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$710,000
Days on Market
74
Slower market
Months of Supply
3.9
Balanced market
Sale-to-List Ratio
97.4%
Negotiation room for buyers
Sold Above List
18.2%
Listings w/ Price Drops
19.8%
Building Permits (2024)
437
Single-Family Permits
435

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

B+
SAFETY
GRADE
Homicide Rate
2.5
per 100K · nat avg 6.3
Firearm Fatalities
9.4
per 100K · nat avg 14.8
Injury Deaths
74.8
per 100K · nat avg 76.3
vs National Average
Well below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
43.3
Good
Good Air Days
70%
764 of 1,095 days
Unhealthy+ Days (3yr)
41
Includes 2 Very Unhealthy
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
43
2022
43
2023
44
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$2,680M
TOTAL
PROJECT AMOUNT STATUS
Village of Marble Valley Specific Plan
El Dorado County
$1,000M Proposed
Bass Lake Hills Development
Undisclosed
$700M Under Construction
Lime Rock Valley Specific Plan
El Dorado County
$400M Proposed
Creekside Village
Undisclosed
$380M Approved
Gateway El Dorado Specific Plan
El Dorado County
$150M Proposed
El Dorado PV BESS (Battery Storage Facility with Solar Charging)
Undisclosed
$50M Planned

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[08] Score Breakdown

GDP Growth +1.2% 21 percentile
Population Growth +0.6% 57 percentile
Income Growth +11.8% 95 percentile
Vacancy Rate 1.0% 54 percentile
Home Price Change -1.3% 19 percentile
Rent Growth +2.9% 47 percentile
Price/Rent 20x 7 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

Is El Dorado County, CA a good place to move to?

At 30/100, El Dorado County faces headwinds that place it in the lower third of the 996 counties we track. Median income of $99,246 combined with job growth of +1.0% suggests the local economy is struggling to keep pace with national trends.

Is El Dorado County affordable?

El Dorado County leans toward the expensive side. A median home value of $597,600 against an income-to-home-value ratio of 0.17 means housing eats a bigger share of local earnings than the national norm. Renters face $1,597/month on average.

Is El Dorado County growing or shrinking?

El Dorado County's population is growing — up +0.6% YoY — while the job market is roughly flat (employment change of +1.0%). Home values shifted -1.3% over the past year. In-migration is outpacing local hiring, which often points to remote workers or retirees driving the headcount.

Are people moving to El Dorado County?

In significant numbers — 5.62% of El Dorado County's current population relocated from another state, well above the national norm. That level of in-migration usually signals a county where jobs, affordability, or quality of life are pulling people in from elsewhere.

[10] Similar Counties by Size & Score

Sacramento County, CA 28 Butte County, CA 33 Riverside County, CA 26 Yuba County, CA 35 Alameda County, CA 25 Yolo County, CA 25 Norfolk city, VA 30 Coconino County, AZ 30