Travis AFB Sustainability Study Report Final Background Report | Page 47
Housing Value Trends
the 10‐year span, the state and all the Study Area jurisdictions experienced
roughly the same change in median monthly rent.
Housing value trends assist in illustrating the changes in land and home
values relative to market fluctuations. These fluctuations can be indicative
of development activity or inactivity as well as the location or migration
patterns of populations. Table 2‐3 provides the median housing value
trends in the TSS Study Area from 2000 to 2010.
TSS Study Area Median Monthly Rents, 2000‐2010
Jurisdiction 2000 2010 Number
Change Percent
Change
California $747 $1,147 $400 54%
Solano County $797 $1,195 $398 50%
City of Fairfield $778 $1,172 $394 51%
Suisun City $870 $1,320 $450 52%
City of Vacaville $842 $1,256 $414 50%
City of Vallejo $781 $1,144 $363 46%
TSS Study Area Median Housing Value, 2000‐2010
2000 2010 Number
Change California $211,500 $458,500 $247,000 117% Solano County $178,300 $389,800 $211,500 119% City of Fairfield $174,700 $392,700 $218,000 125% Suisun City $160,700 $341,400 $180,700 112% Source: US Census Bureau, Median Gross Rent (Dollars) 2000, 2010
City of Vacaville $181,300 $377,900 $196,600 108% City of Vallejo $162,600 $355,300 $192,700 119% Since military personnel, by the nature of their employment, are mobile and
the income level of enlisted personnel is relatively low, they need rental
housing that is affordable to low and moderate‐income households and that
is available on a month‐to‐month basis.
Jurisdiction
Percent
Change
Source: US Census Bureau, Median Gross Housing Value (Dollars) 2000, 2010
Median housing values have experienced substantial growth throughout the
TSS Study Area although still below California in trends. These increasing
values translate into higher rents and mortgages as well as an increase in the
cost of living for area residents. Greater housing values cause a challenge to
the affordability of housing near Travis AFB.
The Basic Allowance for Housing (BAH) is a stipend given to military
personnel who choose to live outside the Base or cannot be accommodated
in on the Base housing and is designed to augment the costs of living
associated with private sector housing, including home or apartment rent,
utilities, and renter’s insurance. Table 2‐5 shows the 2016 Travis AFB BAH
rates, by rank.
An increasing number of potential renters in Solano County have led to a
higher demand for rental units. A demand‐driven rise in rent costs affects
both the local economy and housing market. Table 2‐4 shows the change in
median monthly rents for communities in the TSS Study Area from 2000 to
2010. During this timeframe, the median monthly rent increased by a range
of roughly 46 to 52 percent among the Study Area jurisdictions. Overall, in
TSS Background Report
Solano County had a 2010 Median Rental Rate of $1,195 (not including
utilities). The BAH for a grade E‐4 without dependents is $464 more than
the median rent. While BAH may cover the county wide median rental, this
may not reflect the cost and availability of quality housing near Travis AFB.
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