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Santa Cruz County, CA

RANK #791 / 996  ·  POP 268,571  ·  CA

PROJECTED GROWTH: -0.5%

Santa Cruz County is losing people and economic momentum. This metro faces significant structural headwinds.

[01] Why Santa Cruz County?

Santa Cruz County, California, is distinguished by its dramatic natural landscape, where redwood forests meet the Pacific Ocean. The city of Santa Cruz, the county seat, is about 65 miles south of San Francisco and 35 miles southwest of Silicon Valley, offering a blend of coastal living and access to major urban centers. Commuting to Silicon Valley is common, with options including personal vehicles on Highway 17 and tech shuttles. The community has a relaxed, progressive atmosphere, known for its surf culture and commitment to environmental consciousness. Outdoor recreation is a significant draw, with 29 miles of beaches, numerous state parks like Henry Cowell Redwoods State Park, and opportunities for surfing, hiking, mountain biking, and tide pooling.

Life in Santa Cruz County is characterized by its natural amenities and a focus on outdoor activities. The county attracts a diverse population, including students attending the University of California, Santa Cruz (UCSC), and individuals seeking a laid-back lifestyle. Public schools in the county are highly rated, with ten public school districts serving approximately 40,000 students. The local economy is supported by technology, agriculture, and tourism. Recent economic developments include efforts to revitalize areas like the San Lorenzo River Walk with mixed-use housing and commercial projects, and incentives to activate vacant storefronts. However, the county also faces challenges with a high cost of living and housing affordability.

[02] Market Snapshot

Housing Ratio
15.3x

Overvalued relative to economy

GDP Growth
+3.4%

Above national median

Home Prices
+1.0%

Below national median

Climate & Terrain
8.5

Favorable climate & terrain

Price/Rent
24x

Prices detached from rents

Housing looks overvalued at 15.3x — home prices are high relative to local economic output. Climate and geography support a structural premium. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Santa Cruz County U.S. National

The Numbers

DEMOGRAPHICS
Population
268,571
-1.31% YoY
Median Household Income
$104,409
Median Home Value
$951,300
+1.02% 12mo
Median Rent
$2,094
Average Annual Pay
$67,622
+3.5% YoY
Employment
104,514
+1.1% YoY
Income-to-Home-Value
0.1098
Less affordable than average
Migration Inflow
6.0%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$1,129,500
Days on Market
52
Moderate pace
Months of Supply
2.6
Seller's market
Sale-to-List Ratio
98.4%
Near asking price
Sold Above List
24.6%
Listings w/ Price Drops
24.8%
Building Permits (2024)
259
Single-Family Permits
189

Source: Redfin · Census BPS — Browse sales on Redfin →

[06] Score Breakdown

GDP Growth +3.4% 64 percentile
Population Growth -1.3% 2 percentile
Income Growth +8.7% 54 percentile
Vacancy Rate 0.8% 74 percentile
Home Price Change +1.0% 46 percentile
Rent Growth +1.2% 22 percentile
Price/Rent 24x 3 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Santa Cruz County, CA a good place to move to?

Santa Cruz County has a Boom Town Index score of 21/100, ranking #791 among 996 U.S. counties. With job growth at +1.1% and a median household income of $104,409, it faces some economic headwinds compared to faster-growing counties.

Is Santa Cruz County affordable?

The median home value in Santa Cruz County is $951,300 with median rent at $2,094/month. The income-to-home-value ratio is 0.1098, which is less affordable than the national average.

Is Santa Cruz County growing or shrinking?

Population growth: -1.3% year-over-year. Job growth: +1.1%. Home values changed +1.0% in the past 12 months.

Are people moving to Santa Cruz County?

Yes — 6.0% of Santa Cruz County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

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