ZIP Code 90029 — Los Angeles, California

The median home in 90029 is valued at $1,032,300 against a median household income of $56,529, a price-to-income ratio of 18.3. That is far above the 6.7 median across the 1,558 California ZIP codes with published housing data, and well past the 3.0 ratio that marks an attainable market nationally, which means a household earning the local median income cannot finance the local median home on conventional terms. Within Los Angeles County, 90029 ranks 265 of 275 ZIPs on affordability (1 = lowest ratio); the county median ratio is 9.2. Renting takes 32.7% of median household income (median rent $1,541 a month), above the 30% cost-burden threshold.

90029 ranks 1,316 of 1,558 statewide on median household income and 303 of 1,558 on median home value; its income is below the $87,339 Los Angeles County median. 12% of households own their home, far below the 64% statewide ZIP median, so most residents rent. 35% of adults hold a bachelor's degree or higher, above the 31% median, and the poverty rate is 22.2%, far above the 10.8% statewide ZIP median. Unemployment stands at 10.1%.

With 24,749 residents per square mile across 1.4 square miles of land, 90029 is far denser than the statewide ZIP median of 1,120 (rank 16 of 1,558). This is apartment-district density: expect multi-family housing, transit access and little single-family stock.