Chico, CA Rent To Own Homes

Rent-to-Own Homes in Chico, CA: What You Need to Know 

Chico is one of the smaller cities in California. The local economy is a powerhouse for the region, attracting young professionals interested in kicking off their careers. The surrounding neighborhoods are ideal for family rearing, as are the available schools. 

Job Opportunities in Chico, CA

At the heart of the Northern Sacramento Valley market is Chico’s economy. The major industries here are the local government, education, social services, arts and entertainment, recreation, healthcare, accommodation, and food services. Some of the largest employers to look for are Butte Community Insurance Agency, California State University-Chico, and Chico High School. The average salary of a Chico resident is $89,000 per year, with an hourly rate of $37. The unemployment rate is currently 6.6%, which is over the national average.

Schools in Chico, CA

There are 29 public schools in the Chico Unified School District, teaching more than 14,000 students. The students who attend these schools have consistently ranked above the state average on math and reading tests, placing Chico in the top 30% of all Californian schools. There are 8 private schools available, as well, teaching 930 students. 

There is one college in Chico and 22 colleges within a 100-mile radius of the city, for those seeking higher education. The California State University-Chico is the sole college in the city.

Chico, CA Weather

Residents of Chico enjoy a Mediterranean climate, meaning their summers are hot, dry, and clear, while winters are cold, wet, and cloudy. It rains for just 91 days, accumulating 22” each year. February is the wettest month, with 9 rainy days. It hardly snows here. December is the coldest month, with temperatures dipping down to 39°F. July is the warmest month, with peaks of 95°F.

How Many People Live in Chico, CA?

A little more than 121,000 people call Chico home. Of this total population, 82% are White, 5% are Mixed, 5% are Asian American, and 2% are African American. Roughly 25% of all residents are under 18 years old, while 13% are over 65. The median age is 30. The average family and household sizes are both 3 people. 93% of all adults have their high school diploma and 37% have their bachelor’s degree.

What are the Best Neighborhoods in Chico, CA?

6,000 people call Durham home. The majority of residents are young professionals who enjoy a quiet rural environment and good public schools. The median home value is $500,000 and just over half the residents own their homes. The median rent is $1,400.

Gridley is a quiet, suburban town with a population of 7,000. Many families have settled here, enjoying the peace and well-regarded public schools. The median home value is $191,000 and roughly half the residents own their home. The median rent is $800.

Roughly 11,000 people have settled in Magalia, the majority of whom are retirees. Magalia is a blend of suburban and rural environments. The median home value is $173,000 and most residents own their homes. The median rent is $1,060.