ZIP Code 93240 — Lake Isabella, California

The median home in 93240 is valued at $189,100 against a median household income of $28,909, a price-to-income ratio of 6.5. That is in line with 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 Kern County, 93240 ranks 37 of 39 ZIPs on affordability (1 = lowest ratio); the county median ratio is 4.0. Renting takes 42.3% of median household income (median rent $1,018 a month), above the 30% cost-burden threshold.

93240 ranks 1,545 of 1,558 statewide on median household income and 1,505 of 1,558 on median home value; its income is below the $53,480 Kern County median. 70% of households own their home, above the 64% statewide ZIP median, making this a majority-owner ZIP. 8% of adults hold a bachelor's degree or higher, far below the 31% median, and the poverty rate is 27.6%, far above the 10.8% statewide ZIP median and among the highest in the state. Unemployment stands at 10.4%.

With 94 residents per square mile across 58 square miles of land, 93240 is far less dense than the statewide ZIP median of 1,120 (rank 1,152 of 1,558). This is rural or open territory where most of the land is agricultural, forest, desert or public land.