ZIP Code 93906 — Salinas, California

The median home in 93906 is valued at $568,500 against a median household income of $93,626, a price-to-income ratio of 6.1. That is below 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 Monterey County, 93906 ranks 10 of 27 ZIPs on affordability (1 = lowest ratio); the county median ratio is 6.8. Renting takes 25.4% of median household income (median rent $1,981 a month), under the 30% cost-burden threshold.

93906 ranks 672 of 1,558 statewide on median household income and 839 of 1,558 on median home value; its income is above the $84,669 Monterey County median. 55% of households own their home, below the 64% statewide ZIP median, making this a majority-owner ZIP. 17% of adults hold a bachelor's degree or higher, below the 31% median, and the poverty rate is 10.0%, below the 10.8% statewide ZIP median. Unemployment stands at 4.8%.

With 5,029 residents per square mile across 13.3 square miles of land, 93906 is far denser than the statewide ZIP median of 1,120 (rank 446 of 1,558). This is predominantly single-family residential with suburban street patterns.