ZIP Code 92118 — Coronado, California

The median home in 92118 is valued at $1,872,000 against a median household income of $125,558, a price-to-income ratio of 14.9. 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 San Diego County, 92118 ranks 93 of 94 ZIPs on affordability (1 = lowest ratio); the county median ratio is 7.4. Renting takes 29.1% of median household income (median rent $3,046 a month), under the 30% cost-burden threshold.

92118 ranks 298 of 1,558 statewide on median household income and 58 of 1,558 on median home value; its income is above the $98,033 San Diego County median. 54% of households own their home, below the 64% statewide ZIP median, making this a majority-owner ZIP. 66% of adults hold a bachelor's degree or higher, far above the 31% median, and the poverty rate is 5.8%, below the 10.8% statewide ZIP median and among the lowest in the state. Unemployment stands at 5.0%.

With 2,286 residents per square mile across 7.7 square miles of land, 92118 is far denser than the statewide ZIP median of 1,120 (rank 671 of 1,558). This is a low-density pattern of large lots, small towns or scattered subdivisions.