ZIP Code 93117 — Goleta, California

The median home in 93117 is valued at $932,400 against a median household income of $79,553, a price-to-income ratio of 11.7. 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 Santa Barbara County, 93117 ranks 16 of 20 ZIPs on affordability (1 = lowest ratio); the county median ratio is 8.3. Renting takes 29.2% of median household income (median rent $1,936 a month), under the 30% cost-burden threshold.

93117 ranks 902 of 1,558 statewide on median household income and 366 of 1,558 on median home value; its income is below the $107,221 Santa Barbara County median. 38% of households own their home, below the 64% statewide ZIP median, so most residents rent. 52% of adults hold a bachelor's degree or higher, far above the 31% median, and the poverty rate is 28.1%, far above the 10.8% statewide ZIP median and among the highest in the state. Unemployment stands at 9.0%.

With 317 residents per square mile across 168.1 square miles of land, 93117 is far less dense than the statewide ZIP median of 1,120 (rank 975 of 1,558). This is a low-density pattern of large lots, small towns or scattered subdivisions.