ZIP Code 93023 — Ojai, California

The median home in 93023 is valued at $829,200 against a median household income of $80,720, a price-to-income ratio of 10.3. 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 Ventura County, 93023 ranks 26 of 26 ZIPs on affordability (1 = lowest ratio); the county median ratio is 6.5. Renting takes 26.3% of median household income (median rent $1,772 a month), under the 30% cost-burden threshold.

93023 ranks 883 of 1,558 statewide on median household income and 458 of 1,558 on median home value; its income is below the $102,461 Ventura County median. 72% of households own their home, above the 64% statewide ZIP median, making this a majority-owner ZIP. 40% of adults hold a bachelor's degree or higher, above the 31% median, and the poverty rate is 9.7%, below the 10.8% statewide ZIP median. Unemployment stands at 6.2%.

With 80 residents per square mile across 266.9 square miles of land, 93023 is far less dense than the statewide ZIP median of 1,120 (rank 1,176 of 1,558). This is rural or open territory where most of the land is agricultural, forest, desert or public land.