ZIP Code 92240 — Desert Hot Springs, California

The median home in 92240 is valued at $272,600 against a median household income of $48,469, a price-to-income ratio of 5.6. 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, 92240 ranks 47 of 67 ZIPs on affordability (1 = lowest ratio); the county median ratio is 5.2. Renting takes 31.6% of median household income (median rent $1,277 a month), above the 30% cost-burden threshold.

92240 ranks 1,435 of 1,558 statewide on median household income and 1,377 of 1,558 on median home value; its income is below the $83,139 Riverside County median. 53% of households own their home, below the 64% statewide ZIP median, making this a majority-owner ZIP. 14% of adults hold a bachelor's degree or higher, far below the 31% median, and the poverty rate is 19.8%, far above the 10.8% statewide ZIP median. Unemployment stands at 7.2%.

With 1,142 residents per square mile across 35.7 square miles of land, 92240 is in line with the statewide ZIP median of 1,120 (rank 775 of 1,558). This is a low-density pattern of large lots, small towns or scattered subdivisions.