ZIP Code 93920 — Big Sur, California

The median home in 93920 is valued at $1,166,700 against a median household income of $70,573, a price-to-income ratio of 16.5. That is far 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, which means a household earning the local median income cannot finance the local median home on conventional terms. Within Monterey County, 93920 ranks 26 of 27 ZIPs on affordability (1 = lowest ratio); the county median ratio is 6.8. Renting takes 15.6% of median household income (median rent $920 a month), under the 30% cost-burden threshold.

93920 ranks 1,067 of 1,558 statewide on median household income and 201 of 1,558 on median home value; its income is below the $84,669 Monterey County median. 33% of households own their home, below the 64% statewide ZIP median, so most residents rent. 37% of adults hold a bachelor's degree or higher, above the 31% median, and the poverty rate is 15.0%, above the 10.8% statewide ZIP median. Unemployment stands at 3.3%.

With 11 residents per square mile across 158.5 square miles of land, 93920 is far less dense than the statewide ZIP median of 1,120 (rank 1,414 of 1,558). This is rural or open territory where most of the land is agricultural, forest, desert or public land.