ZIP Code 92655 — Midway City, California

The median home in 92655 is valued at $687,000 against a median household income of $61,991, a price-to-income ratio of 11.1. 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, 92655 ranks 81 of 87 ZIPs on affordability (1 = lowest ratio); the county median ratio is 7.9. Renting takes 28.4% of median household income (median rent $1,469 a month), under the 30% cost-burden threshold.

92655 ranks 1,219 of 1,558 statewide on median household income and 633 of 1,558 on median home value; its income is below the $116,618 Orange County median. 30% of households own their home, far below the 64% statewide ZIP median, so most residents rent. 20% of adults hold a bachelor's degree or higher, below the 31% median, and the poverty rate is 17.9%, far above the 10.8% statewide ZIP median. Unemployment stands at 8.9%.

With 8,933 residents per square mile across 0.9 square miles of land, 92655 is far denser than the statewide ZIP median of 1,120 (rank 197 of 1,558). This is a mixed urban fabric of apartments, small-lot houses and commercial corridors.