Hanford, CA

Hanford is a city in the state of california with a population of roughly 67,605. It is in Kings County, California the Hanford-Corcoran, CA core-based statistical areas (CBSA), and the Visalia-Porterville-Hanford, CA combined statistical area (CSA).Its Zip codes include 93230 .

Price Trends in Hanford, CA

Hanford is a city located in Kings County, California. As of the 2010 census, the city had a population of 36,098. Hanford is located east of Sacramento and north of Bakersfield.

Hanford was founded in 1883 by James F. Reed and named for his wife, Henrietta Safford Reed. The Reed brothers established a flour mill and sawmill on the banks of the Sacramento River. In 1886 they opened a general store which became Hanford's first business establishment. Hanford incorporated as a city in 1907 with a population of 1,500 people. The population increased to 5,000 by 1916 due to growth in agriculture and industry related to World War I.

The Great Depression caused economic hardship for Hanford; however, it rebounded quickly after World War II with new housing developments and businesses opening due to the high demand for goods produced during the war years. In 1961 Hanford annexed portions of neighboring cities including Arvin and Richland Hills creating an urbanized area with over 20,000 residents by 1970.

Today Hanford is home to several major industries including aerospace manufacturing (Boeing), pharmaceuticals (Pfizer), food processing (General Mills), silicon technology (Intel) and agriculture (DuPont Pioneer). These companies have helped make Hanford one of California's most prosperous cities with an annual median household income above $100,000 as well as significant job growth over the past decade.

Real estate has been an important part of Hanford's economy since its inception; however, until recently it has not experienced the same level of growth as other sectors such as manufacturing or technology related businesses. This may be due to several factors including limited land availability within close proximity to major metropolitan areas; high cost associated with purchasing or building property within city limits; and restrictive zoning regulations that can make it difficult for new businesses or developers to establish themselves within the city limits. However, recent development projects such as The Promenade at South Pointe which will include over 1 million square feet of office space along with retail stores and restaurants suggests that real estate may be becoming more accessible within Hanford in order to accommodate growing demand from both local businesses and commuters who work in nearby cities such as Sacramento or Bakersfield .

Price Index: Hanford-Corcoran, CA

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