ZIP Code 93108 — Santa Barbara, California

The median home in 93108 is valued at more than $2,000,000 (the Census reporting ceiling) against a median household income of $215,126, a price-to-income ratio of at least 9.3. 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 Santa Barbara County, 93108 ranks 14 of 20 ZIPs on affordability (1 = lowest ratio); the county median ratio is 8.3. Renting takes 19.5% of median household income (median rent $3,501 a month), under the 30% cost-burden threshold.

93108 ranks 29 of 1,558 statewide on median household income and 1 of 1,558 on median home value; its income is far above the $107,221 Santa Barbara County median. 74% of households own their home, above the 64% statewide ZIP median, making this a majority-owner ZIP. 74% of adults hold a bachelor's degree or higher, far above the 31% median, and the poverty rate is 6.6%, below the 10.8% statewide ZIP median. Unemployment stands at 4.1%.

With 402 residents per square mile across 27.9 square miles of land, 93108 is far less dense than the statewide ZIP median of 1,120 (rank 935 of 1,558). This is a low-density pattern of large lots, small towns or scattered subdivisions.