ZIP Code 92262 — Palm Springs, California

The median home in 92262 is valued at $540,600 against a median household income of $63,710, a price-to-income ratio of 8.5. 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 Riverside County, 92262 ranks 66 of 67 ZIPs on affordability (1 = lowest ratio); the county median ratio is 5.2. Renting takes 25.1% of median household income (median rent $1,332 a month), under the 30% cost-burden threshold.

92262 ranks 1,190 of 1,558 statewide on median household income and 886 of 1,558 on median home value; its income is below the $83,139 Riverside County median. 62% of households own their home, in line with the 64% statewide ZIP median, making this a majority-owner ZIP. 41% of adults hold a bachelor's degree or higher, above the 31% median, and the poverty rate is 16.5%, far above the 10.8% statewide ZIP median. Unemployment stands at 8.2%.

With 737 residents per square mile across 35.1 square miles of land, 92262 is less dense than the statewide ZIP median of 1,120 (rank 850 of 1,558). This is a low-density pattern of large lots, small towns or scattered subdivisions.