ZIP Code 93242 — Laton, California

The median home in 93242 is valued at $510,100 against a median household income of $56,641, a price-to-income ratio of 9.0. 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 Fresno County, 93242 ranks 44 of 44 ZIPs on affordability (1 = lowest ratio); the county median ratio is 4.8. Renting takes 22.9% of median household income (median rent $1,083 a month), under the 30% cost-burden threshold.

93242 ranks 1,311 of 1,558 statewide on median household income and 920 of 1,558 on median home value; its income is in line with the $57,383 Fresno County median. 61% of households own their home, in line with the 64% statewide ZIP median, making this a majority-owner ZIP. 12% of adults hold a bachelor's degree or higher, far below the 31% median, and the poverty rate is 14.2%, above the 10.8% statewide ZIP median. Unemployment stands at 10.2%.

With 66 residents per square mile across 40.7 square miles of land, 93242 is far less dense than the statewide ZIP median of 1,120 (rank 1,200 of 1,558). This is rural or open territory where most of the land is agricultural, forest, desert or public land.