ZIP Code 93442 — Morro Bay, California

The median home in 93442 is valued at $809,900 against a median household income of $88,309, a price-to-income ratio of 9.2. 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 San Luis Obispo County, 93442 ranks 15 of 19 ZIPs on affordability (1 = lowest ratio); the county median ratio is 8.0. Renting takes 23.5% of median household income (median rent $1,727 a month), under the 30% cost-burden threshold.

93442 ranks 765 of 1,558 statewide on median household income and 482 of 1,558 on median home value; its income is in line with the $89,889 San Luis Obispo County median. 58% of households own their home, below the 64% statewide ZIP median, making this a majority-owner ZIP. 42% of adults hold a bachelor's degree or higher, above the 31% median, and the poverty rate is 10.1%, below the 10.8% statewide ZIP median. Unemployment stands at 8.7%.

With 256 residents per square mile across 44.5 square miles of land, 93442 is far less dense than the statewide ZIP median of 1,120 (rank 1,017 of 1,558). This is rural or open territory where most of the land is agricultural, forest, desert or public land.