ZIP Code 92028 — Fallbrook, California

The median home in 92028 is valued at $710,800 against a median household income of $96,160, a price-to-income ratio of 7.4. That is 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, so buying here on a local median income requires substantial savings or a second income. Within San Diego County, 92028 ranks 49 of 94 ZIPs on affordability (1 = lowest ratio); the county median ratio is 7.4. Renting takes 20.4% of median household income (median rent $1,637 a month), under the 30% cost-burden threshold.

92028 ranks 630 of 1,558 statewide on median household income and 590 of 1,558 on median home value; its income is in line with the $98,033 San Diego County median. 70% of households own their home, above the 64% statewide ZIP median, making this a majority-owner ZIP. 35% of adults hold a bachelor's degree or higher, above the 31% median, and the poverty rate is 12.0%, above the 10.8% statewide ZIP median. Unemployment stands at 6.8%.

With 438 residents per square mile across 116.7 square miles of land, 92028 is far less dense than the statewide ZIP median of 1,120 (rank 921 of 1,558). This is a low-density pattern of large lots, small towns or scattered subdivisions.