ZIP Code 93261 — Richgrove, California

The median home in 93261 is valued at $174,400 against a median household income of $26,635, 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 Tulare County, 93261 ranks 31 of 31 ZIPs on affordability (1 = lowest ratio); the county median ratio is 4.5. Renting takes 36.2% of median household income (median rent $803 a month), above the 30% cost-burden threshold.

93261 ranks 1,549 of 1,558 statewide on median household income and 1,517 of 1,558 on median home value; its income is far below the $54,583 Tulare County median. 36% of households own their home, below the 64% statewide ZIP median, so most residents rent. and the poverty rate is 40.7%, far above the 10.8% statewide ZIP median and among the highest in the state. Unemployment stands at 21.1%.

With 326 residents per square mile across 5.8 square miles of land, 93261 is far less dense than the statewide ZIP median of 1,120 (rank 971 of 1,558). This is a low-density pattern of large lots, small towns or scattered subdivisions.