ZIP Code 92220 — Banning, California

The median home in 92220 is valued at $300,000 against a median household income of $55,538, a price-to-income ratio of 5.4. That is below 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, though it is among the more attainable ratios in the state. Within Riverside County, 92220 ranks 41 of 67 ZIPs on affordability (1 = lowest ratio); the county median ratio is 5.2. Renting takes 30.0% of median household income (median rent $1,390 a month), above the 30% cost-burden threshold.

92220 ranks 1,333 of 1,558 statewide on median household income and 1,325 of 1,558 on median home value; its income is below the $83,139 Riverside County median. 72% of households own their home, above the 64% statewide ZIP median, making this a majority-owner ZIP. 16% of adults hold a bachelor's degree or higher, below the 31% median, and the poverty rate is 18.4%, far above the 10.8% statewide ZIP median. Unemployment stands at 8.4%.

With 232 residents per square mile across 141.3 square miles of land, 92220 is far less dense than the statewide ZIP median of 1,120 (rank 1,029 of 1,558). This is rural or open territory where most of the land is agricultural, forest, desert or public land.