ZIP Code 92270 — Rancho Mirage, California

The median home in 92270 is valued at $690,100 against a median household income of $105,557, a price-to-income ratio of 6.5. That is in line with 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, 92270 ranks 62 of 67 ZIPs on affordability (1 = lowest ratio); the county median ratio is 5.2. Renting takes 18.7% of median household income (median rent $1,642 a month), under the 30% cost-burden threshold.

92270 ranks 510 of 1,558 statewide on median household income and 625 of 1,558 on median home value; its income is above the $83,139 Riverside County median. 81% of households own their home, above the 64% statewide ZIP median, making this a majority-owner ZIP. 47% of adults hold a bachelor's degree or higher, above the 31% median, and the poverty rate is 11.0%, in line with the 10.8% statewide ZIP median. Unemployment stands at 10.5%.

With 674 residents per square mile across 25.6 square miles of land, 92270 is less dense than the statewide ZIP median of 1,120 (rank 864 of 1,558). This is a low-density pattern of large lots, small towns or scattered subdivisions.