Last updated: 2024 BLS data · Page refreshed:
Folsom has a population of 83,916 with a median age of 41.0. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 83,916 |
| Median Age | 41.0 |
| White | 58.4% |
| Black or African American | 5.4% |
| Asian | 20.0% |
| Hispanic or Latino | 13.9% |
| Other / Two or More Races | 2.3% |
The median household income in Folsom is $139,804, which is 73.4% above the national median of $80,610. The per capita income is $62,962. The poverty rate is 5.3%.
The unemployment rate in Folsom is 3.8%, compared to the national rate of 4.1%.
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In Folsom, 93.9% of residents age 25+ have a high school diploma or higher, and 54.9% hold a bachelor's degree or higher (23.3% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 93.9% |
| Bachelor's Degree or Higher | 54.9% |
| Graduate or Professional Degree | 23.3% |
The median home value in Folsom is $755,200, above the national median of $303,400. The median monthly rent is $2,352. The homeownership rate is 69.7%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $755,200 |
| Median Monthly Rent | $2,352 |
| Homeownership Rate | 69.7% |
| Vacancy Rate | 2.9% |
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