Folsom is a larger medium-sized city located in the state of California. With a population of 83,269 people and 16 associated neighborhoods, Folsom is the 106th largest community in California.
Housing costs in Folsom are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in California.
Also of interest is that Folsom has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 25.82% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Folsom. 53.89% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Folsom in 2022 was $56,541, which is upper middle income relative to California, and wealthy relative to the rest of the US. This equates to an annual income of $226,164 for a family of four.
Folsom is an extremely ethnically-diverse city. The people who call Folsom home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Folsom residents report their race to be White, followed by Asian. Folsom also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 14.81% of the city’s residents. Important ancestries of people in Folsom include German, English, Irish, Italian, and European.
Foreign born people are also an important part of Folsom's cultural character, accounting for 18.37% of the city’s population.
The most common language spoken in Folsom is English. Other important languages spoken here include Spanish and Langs. of India.