ZIP Code 90704 — Avalon, California

The median home in 90704 is valued at $978,100 against a median household income of $89,107, a price-to-income ratio of 11.0. 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, 90704 ranks 198 of 275 ZIPs on affordability (1 = lowest ratio); the county median ratio is 9.2. Renting takes 24.1% of median household income (median rent $1,793 a month), under the 30% cost-burden threshold.

90704 ranks 751 of 1,558 statewide on median household income and 328 of 1,558 on median home value; its income is in line with the $87,339 Los Angeles County median. 32% of households own their home, far below the 64% statewide ZIP median, so most residents rent. 20% of adults hold a bachelor's degree or higher, below the 31% median, and the poverty rate is 9.9%, below the 10.8% statewide ZIP median.

With 50 residents per square mile across 76.1 square miles of land, 90704 is far less dense than the statewide ZIP median of 1,120 (rank 1,236 of 1,558). This is rural or open territory where most of the land is agricultural, forest, desert or public land.