ZIP Code 93907 — Salinas, California

The median home in 93907 is valued at $642,000 against a median household income of $100,295, a price-to-income ratio of 6.4. 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 Monterey County, 93907 ranks 12 of 27 ZIPs on affordability (1 = lowest ratio); the county median ratio is 6.8. Renting takes 23.2% of median household income (median rent $1,941 a month), under the 30% cost-burden threshold.

93907 ranks 573 of 1,558 statewide on median household income and 703 of 1,558 on median home value; its income is above the $84,669 Monterey County median. 71% of households own their home, above the 64% statewide ZIP median, making this a majority-owner ZIP. 22% of adults hold a bachelor's degree or higher, below the 31% median, and the poverty rate is 9.4%, below the 10.8% statewide ZIP median. Unemployment stands at 7.1%.

With 461 residents per square mile across 54.5 square miles of land, 93907 is far less dense than the statewide ZIP median of 1,120 (rank 915 of 1,558). This is a low-density pattern of large lots, small towns or scattered subdivisions.