ZIP Code 93953 — Pebble Beach, California

The median home in 93953 is valued at $1,596,800 against a median household income of $145,250, a price-to-income ratio of 11.0. 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, 93953 ranks 24 of 27 ZIPs on affordability (1 = lowest ratio); the county median ratio is 6.8. Renting takes 28.9% of median household income (median rent $3,501 a month), under the 30% cost-burden threshold.

93953 ranks 172 of 1,558 statewide on median household income and 97 of 1,558 on median home value; its income is far above the $84,669 Monterey County median. 82% of households own their home, above the 64% statewide ZIP median, making this a majority-owner ZIP. 67% of adults hold a bachelor's degree or higher, far above the 31% median, and the poverty rate is 3.8%, far below the 10.8% statewide ZIP median and among the lowest in the state. Unemployment stands at 5.1%.

With 422 residents per square mile across 8.1 square miles of land, 93953 is far less dense than the statewide ZIP median of 1,120 (rank 928 of 1,558). This is a low-density pattern of large lots, small towns or scattered subdivisions.