ZIP Code 92651 — Laguna Beach, California

The median home in 92651 is valued at more than $2,000,000 (the Census reporting ceiling) against a median household income of $148,381, a price-to-income ratio of at least 13.5. 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 Orange County, 92651 ranks 86 of 87 ZIPs on affordability (1 = lowest ratio); the county median ratio is 7.9. Renting takes 22.0% of median household income (median rent $2,724 a month), under the 30% cost-burden threshold.

92651 ranks 160 of 1,558 statewide on median household income and 1 of 1,558 on median home value; its income is above the $116,618 Orange County median. 68% of households own their home, above 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 5.3%, far below the 10.8% statewide ZIP median and among the lowest in the state. Unemployment stands at 6.6%.

With 1,085 residents per square mile across 22.1 square miles of land, 92651 is in line with the statewide ZIP median of 1,120 (rank 785 of 1,558). This is a low-density pattern of large lots, small towns or scattered subdivisions.