Hanford, CA at a glance
Median household income
$76,461$6,372 per month · U.S. Census Bureau ACS 5-YearHow much rent can you afford in Hanford, CA?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
How much is rent in Hanford, CA? By bedroom, 2026
HUD's fiscal 2026 Fair Market Rents for Hanford-Corcoran, CA MSA, with the income each one takes if rent stays under 30% of it.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $1,150 | $13,800 | $46,000 | 18% |
| 1-Bedroom Apartment | $1,157 | $13,884 | $46,280 | 18.2% |
| 2-Bedroom ApartmentBenchmark | $1,469 | $17,628 | $58,760 | 23.1% |
| 3-Bedroom Home | $2,043 | $24,516 | $81,720 | 32.1% |
| 4-Bedroom Home | $2,451 | $29,412 | $98,040 | 38.5% |
What a typical income covers in Hanford, CA
The 50/30/20 rule applied to the local median of $76,461 a year ($6,372 a month before tax).
What $76,461 leaves after California taxes
Federal income tax, Social Security, Medicare and California tax on the local median income. Change the salary to see yours.
Rent, jobs and pay in California
Living in Hanford, CA: common questions
What is the median household income in Hanford, CA?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Hanford, CA is $76,461 per year (approximately $6,372 per month).
What is the average rent in Hanford, CA?
The closest official figure is HUD's Fair Market Rent for 2026: $1,150 for a studio, $1,157 for one bedroom, $1,469 for two, $2,043 for three and $2,451 for four, utilities included.
It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.
Is Hanford, CA expensive to live in?
Prices there run 1.6% above the U.S. average. BEA's regional price parity for the metro area is 101.6, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.
How much do you need to earn to comfortably afford rent in Hanford, CA?
To keep a $1,469 two-bedroom under 30% of gross income, a household needs about $58,760 a year, or $4,897 a month. That is 77% of what the typical household in Hanford, CA earns.
How much do you need to live comfortably in Hanford, CA?
On the local median income of $76,461 ($6,372 a month before tax), the 50/30/20 rule leaves $3,186 a month for needs like rent, utilities and groceries, $1,912 for everything else and $1,274 for savings or debt. A two-bedroom at $1,469 takes 46% of the needs share.
How much is the electric bill in Hanford, CA?
Homes in California paid 34.7¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $313. Your bill depends mostly on heating and cooling.