20 / 100

Placer County, CA

RANK #799 / 996  ·  POP 406,608  ·  CA

PROJECTED GROWTH: -0.6%

Placer County ranks in the bottom tier of U.S. counties on economic momentum.

[01] Why Placer County?

Placer County, California, stretches from the Sacramento Valley to Lake Tahoe, offering diverse landscapes from oak-covered foothills to alpine peaks. Auburn, a notable town, blends Gold Rush history with outdoor recreation, featuring historic downtown streets and trails along the American River. The county is located northeast of Sacramento, with commutes to the state capital facilitated by services like the Placer Commuter Express. Residents enjoy extensive outdoor recreation, including over 30 miles of trails at Hidden Falls Regional Park, access to lakes like Folsom and Rollins for water sports, and winter activities in the Sierra Nevada.

Life in Placer County attracts families and remote workers, drawn by highly-rated public schools and a variety of communities. The economy is expanding with investments in commercial and residential development, as well as energy and infrastructure. Healthcare and local government are significant employers. The county's economic development initiatives aim to maintain its quality of life by fostering a diverse economy.

[02] Market Snapshot

Housing Ratio
9.5x

Overvalued relative to economy

GDP Growth
+2.3%

Below national median

Home Prices
-1.3%

Prices declining

Climate & Terrain
6.0

Favorable climate & terrain

Price/Rent
21x

Prices detached from rents

Housing looks overvalued at 9.5x — 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] Signal Profile

[04] Home Value Growth vs National

Placer County U.S. National

The Numbers

DEMOGRAPHICS
Population
406,608
+1.57% YoY
Median Household Income
$109,375
Median Home Value
$627,100
-1.34% 12mo
Median Rent
$1,874
Average Annual Pay
$72,804
+2.9% YoY
Employment
186,942
+1.3% YoY
Income-to-Home-Value
0.1744
Less affordable than average
Migration Inflow
5.78%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$640,000
Days on Market
41
Moderate pace
Months of Supply
2.9
Seller's market
Sale-to-List Ratio
98.7%
Near asking price
Sold Above List
26.0%
Listings w/ Price Drops
22.5%
Building Permits (2024)
3,713
Single-Family Permits
2,828

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

[05] Capital Investment

$2,832M
TOTAL
PROJECT AMOUNT STATUS
Placer Ranch Specific Plan (Placer One)
Taylor Builders, Sacramento State, Sierra College
$1,000M Under Construction
Sunset Area Infrastructure Financing Plan
Placer County
$607M Planned
Placer Vineyards
Multiple Developers
$500M Under Construction
Country Acres Solar Project
Sacramento Municipal Utility District (SMUD) and Clēnera
$450M Under Construction
Roseville Energy Park
City of Roseville
$225M Operating
Placer County Government Center Master Plan
Placer County
$50M Planned

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

[06] Score Breakdown

GDP Growth +2.3% 43 percentile
Population Growth +1.6% 84 percentile
Income Growth +9.7% 76 percentile
Vacancy Rate 0.7% 85 percentile
Home Price Change -1.3% 19 percentile
Rent Growth +2.1% 35 percentile
Price/Rent 21x 6 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Placer County has a Boom Town Index score of 20/100, ranking #799 among 996 U.S. counties. With job growth at +1.3% and a median household income of $109,375, it faces some economic headwinds compared to faster-growing counties.

Is Placer County affordable?

The median home value in Placer County is $627,100 with median rent at $1,874/month. The income-to-home-value ratio is 0.1744, which is less affordable than the national average.

Is Placer County growing or shrinking?

Population growth: +1.6% year-over-year. Job growth: +1.3%. Home values changed -1.3% in the past 12 months.

Are people moving to Placer County?

Yes — 5.78% of Placer County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Robeson County, NC 30 Polk County, OR 30 York County, SC 30 Montgomery County, MD 30 Lincoln County, OR 30 Greenwood County, SC 30 El Dorado County, CA 30 Sonoma County, CA 30