Quality of Life in Fresno, CA on a $107,440 Salary
With an annual income of $107,440, individuals living in Fresno, CA, can expect a reasonable quality of life when compared to the broader United States. Below is an analysis of different aspects that contribute to this quality of life:
Cost of Living
- General Cost: Fresno’s cost of living is relatively low compared to the California average, making it more affordable than many metropolitan areas in the state.
- Expenses: Day-to-day expenses such as groceries, utilities, and transportation are generally below the national average, allowing for a comfortable lifestyle.
- Taxes: California's state income tax ranges from 1% to 13.3%, and Fresno's relatively low property taxes can balance the overall tax burden.
Housing Market
- Home Prices: With the median home price in Fresno being lower than the California state average, residents on a $107,440 salary can access modest real estate opportunities, offering a range of housing options from single-family homes to townhouses.
- Rent vs. Buy: Renting is also an affordable option, with rental prices being significantly lower than in larger California cities like Los Angeles or San Francisco.
Quality of Life
- Community and Lifestyle: Fresno offers a blend of urban and rural living with proximity to scenic locations such as Yosemite National Park and Kings Canyon.
- Recreation: Residents benefit from numerous parks, cultural festivals, and a growing food scene, enhancing leisure and lifestyle options.
Access to Healthcare
- Healthcare Facilities: Fresno hosts several reputable healthcare facilities, including Community Regional Medical Center and Saint Agnes Medical Center.
- Insurance and Costs: Healthcare costs in Fresno can be slightly above the national average, but access to quality care is robust and comprehensive.
Quality of K-12 Schools
- Education System: Fresno Unified School District is among the largest in California, offering a variety of public and charter schools.
- School Performance: The quality of K-12 education varies, with some schools receiving higher rankings than others, providing diverse choices for families.
- Programs and Extracurriculars: Many schools offer comprehensive extracurricular programs, enhancing student development and engagement.
Summary
An annual salary of $107,440 provides a solid financial foundation in Fresno, with a cost of living significantly lower than in other Californian cities, making it a viable option for individuals and