Real Estate in Vacaville, CA

Vacaville is a city located in Solano County in Northern California. The town is nearly half way between Sacramento and San Francisco on I-80. It sits approximately 35 miles (56 km) from Sacramento, and 55 miles (89 km) from San Francisco. As of the 2010 census, Vacaville had a population of 92,428, making it the third largest city in Solano County.

Personal incomeThe median income for a household in the city is $57,667, and the median income for a family is $63,950. Males have a median income of $43,527 versus $31,748 for females. The per capita income for the city is $21,557. 6.1% of the population and 4.3% of families are below the poverty line. Out of the total population, 7.4% of those under the age of 18 and 4.8% of those 65 and older are living below the poverty line.

IndustryThere are biotechnology/pharmaceutical facilities operated by Genentech, ALZA Corporation, Kaiser Permanente, and Novartis International AG.

On May 14, 2014, ICON Aircraft announced they would consolidate all company functions in a new 140,000-square-foot facility in Vacaville.

TourismThe city holds annual Vacaville Fiesta Days, which includes a parade that features the public school marching bands, gymnasts, and even an electric car showcase, among other things. Other sites for tourists include the Vacaville Premium Outlets and the Nut Tree, which is home to a train for children and even a life-size checkerboard, as well as numerous stores and places to eat. Every December, the city holds a Festival of Trees in the ice skating rink and the Tree Lighting Ceremony in which residents of Vacaville gather in downtown to see a 50-foot (15 m) tree illuminate and enjoy festive music played by the Jepson Band, hot chocolate, and horse-drawn carriage rides.

GovernmentTwo state prisons are located in Vacaville: California State Prison, Solano and California Medical Facility. The latter prison houses inmates undergoing medical treatments

It is predicted that home values in Vacaville, CA will rise 9.6% next year.

Foreclosures will be a factor impacting home values in the next several years. In Vacaville, CA, the number of foreclosures waiting to be sold is 25.7% lower than the national average. This lower local number could help home values in Vacaville, CA to rise more quickly than other cities.