Fremont, CA

About Fremont

Welcome to Fremont, a vibrant city in the Bay Area, where a high quality of life meets a unique set of challenges and opportunities. While the median home value here soars to $1,231,500, a significant jump from the national average, the robust median household income of $169,023 reflects the area's economic strength. This, coupled with a median rent of $1,066 per month, makes Fremont a city that, despite its high housing costs, still offers a degree of affordability, reflected in its Affordability Index of 140. With a population of 228,795, Fremont is known to be popular and family-friendly. From an investment perspective, Fremont presents a mixed bag. The homeownership rate is 30.0%, indicating a strong rental market. The unemployment rate of 9.1% is higher than the national average, something to consider when evaluating the local economy. Property crime is a concern, with 29.6 incidents per 1,000 residents, while violent crime rates are relatively low at 5.0 per 1,000 residents. Fremont is best suited for those who value a strong community, access to employment, and are willing to navigate the complexities of a competitive real estate market. Fremont offers a generally comfortable environment, with an air quality index of 58 (Moderate) and a quiet atmosphere, making it a pleasant place to reside. However, the climate risk is rated as very high. The city's walk score is low, at 0 out of 100, and the bike score is 25 out of 100, indicating a car-dependent lifestyle for most residents. The electricity rate is 15.6¢/kWh.