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Fresno County, CA

RANK #643 / 996  ·  POP 1,008,280  ·  CA

PROJECTED GROWTH: +0.2%

Fresno County shows below-average economic momentum. Growth signals are flat or softening.

[01] Why Fresno County?

Known as the "Raisin Capital of the World," Fresno County, California, is where nearly all of the nation's raisins are grown and sun-dried. Located in the Central Valley, Fresno is about a two-hour drive from San Francisco and three hours from Sacramento. The community offers a blend of urban amenities and small-town charm. The county is a gateway to the Sierra Nevada mountains and three national parks: Yosemite, Kings Canyon, and Sequoia, all within a 90-minute drive. Residents and visitors can enjoy outdoor recreation such as paddling on Millerton or Shaver Lake, white water rafting on the Kings River, or hiking numerous trails.

Life in Fresno County offers affordability compared to other parts of California. The region is a major agricultural center, producing a wide variety of crops, and this industry forms the backbone of the local economy. While agriculture provides many jobs, employment can be seasonal. Recent economic developments include significant investment in renewable energy sectors, with projects focused on solar power and battery storage. These initiatives aim to repurpose agricultural land and create new job opportunities.

[02] Market Snapshot

Housing Ratio
6.8x

Above national median (4.7x)

GDP Growth
+4.2%

Well above national median

Home Prices
+0.3%

Well below national median

Climate & Terrain
6.0

Favorable climate & terrain

Price/Rent
15x

Above national median (13x)

Housing is fairly valued at 6.8x relative to local economic output. Climate and geography support a structural premium. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Fresno County U.S. National

The Numbers

DEMOGRAPHICS
Population
1,008,280
+0.51% YoY
Median Household Income
$67,756
Median Home Value
$338,200
+0.33% 12mo
Median Rent
$1,207
Average Annual Pay
$57,904
+3.3% YoY
Employment
427,076
+2.0% YoY
Income-to-Home-Value
0.2003
Near national average
Migration Inflow
2.46%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$415,000
Days on Market
54
Moderate pace
Months of Supply
3.7
Balanced market
Sale-to-List Ratio
98.8%
Near asking price
Sold Above List
26.9%
Listings w/ Price Drops
24.5%
Building Permits (2024)
2,439
Single-Family Permits
2,131

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

[05] Capital Investment

$3,380M
TOTAL
PROJECT AMOUNT STATUS
Darden Clean Energy Project
IP Darden I, LLC (subsidiary of Intersect Power)
$2,500M Under Construction
Key Energy Storage
NextEra Energy Resources, LLC
$300M Proposed
Cornucopia Hybrid Project
BayWa r.e. Americas
$300M Proposed
South Lake Solar and Energy Storage Project
South Lake Solar, LLC
$180M Proposed
Southeast Development Area (SEDA) Specific Plan
City of Fresno
$50M Planned
Copper River Ranch (Expansion Phases)
Unknown
$50M Planned

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

[06] Score Breakdown

GDP Growth +4.2% 76 percentile
Population Growth +0.5% 53 percentile
Income Growth +10.6% 87 percentile
Vacancy Rate 1.0% 56 percentile
Home Price Change +0.3% 34 percentile
Rent Growth +3.6% 61 percentile
Price/Rent 15x 31 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Fresno County, CA a good place to move to?

Fresno County has a Boom Town Index score of 36/100, ranking #643 among 996 U.S. counties. With job growth at +2.0% and a median household income of $67,756, it faces some economic headwinds compared to faster-growing counties.

Is Fresno County affordable?

The median home value in Fresno County is $338,200 with median rent at $1,207/month. The income-to-home-value ratio is 0.2003, which is less affordable than the national average.

Is Fresno County growing or shrinking?

Population growth: +0.5% year-over-year. Job growth: +2.0%. Home values changed +0.3% in the past 12 months.

Are people moving to Fresno County?

Yes — 2.46% of Fresno County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Mercer County, PA 46 Effingham County, GA 46 Guilford County, NC 46 Carteret County, NC 46 Catawba County, NC 46 Hudson County, NJ 46 Chesterfield County, VA 46 Shelby County, AL 46