ZIP Code 94022 — Los Altos, California

The median home in 94022 is valued at more than $2,000,000 (the Census reporting ceiling) against a median household income of more than $250,000 (the Census reporting ceiling), a price-to-income ratio of at least 8.0. That is 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, so buying here on a local median income requires substantial savings or a second income. Within Santa Clara County, 94022 ranks 22 of 56 ZIPs on affordability (1 = lowest ratio); the county median ratio is 8.6. Renting takes 16.8% of median household income (median rent $3,501 a month), under the 30% cost-burden threshold.

94022 ranks 1 of 1,558 statewide on median household income and 1 of 1,558 on median home value; its income is far above the $159,101 Santa Clara County median. 82% of households own their home, above the 64% statewide ZIP median, making this a majority-owner ZIP. 89% of adults hold a bachelor's degree or higher, far above the 31% median, and the poverty rate is 2.8%, far below the 10.8% statewide ZIP median and among the lowest in the state. Unemployment stands at 3.4%.

With 1,133 residents per square mile across 17.7 square miles of land, 94022 is in line with the statewide ZIP median of 1,120 (rank 776 of 1,558). This is a low-density pattern of large lots, small towns or scattered subdivisions.