ZIP Code 93960 — Soledad, California

The median home in 93960 is valued at $521,400 against a median household income of $79,063, a price-to-income ratio of 6.6. 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, 93960 ranks 13 of 27 ZIPs on affordability (1 = lowest ratio); the county median ratio is 6.8. Renting takes 21.3% of median household income (median rent $1,404 a month), under the 30% cost-burden threshold.

93960 ranks 908 of 1,558 statewide on median household income and 907 of 1,558 on median home value; its income is below the $84,669 Monterey County median. 58% of households own their home, below the 64% statewide ZIP median, making this a majority-owner ZIP. 6% of adults hold a bachelor's degree or higher, far below the 31% median, and the poverty rate is 18.8%, far above the 10.8% statewide ZIP median. Unemployment stands at 2.7%.

With 150 residents per square mile across 174.1 square miles of land, 93960 is far less dense than the statewide ZIP median of 1,120 (rank 1,089 of 1,558). This is rural or open territory where most of the land is agricultural, forest, desert or public land.