ZIP Code 90401 — Santa Monica, California

The median home in 90401 is valued at $1,743,800 against a median household income of $89,892, a price-to-income ratio of 19.4. 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, 90401 ranks 268 of 275 ZIPs on affordability (1 = lowest ratio); the county median ratio is 9.2. Renting takes 31.7% of median household income (median rent $2,377 a month), above the 30% cost-burden threshold.

90401 ranks 732 of 1,558 statewide on median household income and 71 of 1,558 on median home value; its income is in line with the $87,339 Los Angeles County median. 6% of households own their home, far below the 64% statewide ZIP median, so most residents rent. 71% of adults hold a bachelor's degree or higher, far above the 31% median, and the poverty rate is 19.4%, far above the 10.8% statewide ZIP median. Unemployment stands at 11.0%.

With 9,350 residents per square mile across 0.8 square miles of land, 90401 is far denser than the statewide ZIP median of 1,120 (rank 179 of 1,558). This is a mixed urban fabric of apartments, small-lot houses and commercial corridors.