ZIP Code 93932 — Lockwood, California

The median home in 93932 is valued at $457,100 against a median household income of $93,672, a price-to-income ratio of 4.9. That is below the 6.7 median across the 1,558 California ZIP codes with published housing data, and past the 3.0 ratio that marks an attainable market nationally, though it is among the more attainable ratios in the state. Within Monterey County, 93932 ranks 1 of 27 ZIPs on affordability (1 = lowest ratio); the county median ratio is 6.8. Renting takes 12.4% of median household income (median rent $969 a month), under the 30% cost-burden threshold.

93932 ranks 669 of 1,558 statewide on median household income and 1,014 of 1,558 on median home value; its income is above the $84,669 Monterey County median. 69% of households own their home, above 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 8.9%, below the 10.8% statewide ZIP median. Unemployment stands at 9.6%.

With 5 residents per square mile across 75.9 square miles of land, 93932 is far less dense than the statewide ZIP median of 1,120 (rank 1,479 of 1,558). This is rural or open territory where most of the land is agricultural, forest, desert or public land.