ZIP Code 94070 — San Carlos, California

The median home in 94070 is valued at more than $2,000,000 (the Census reporting ceiling) against a median household income of $220,323, a price-to-income ratio of at least 9.1. 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 San Mateo County, 94070 ranks 15 of 28 ZIPs on affordability (1 = lowest ratio); the county median ratio is 9.0. Renting takes 15.0% of median household income (median rent $2,759 a month), under the 30% cost-burden threshold.

94070 ranks 22 of 1,558 statewide on median household income and 1 of 1,558 on median home value; its income is above the $161,447 San Mateo County median. 70% 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 3.0%, far below the 10.8% statewide ZIP median and among the lowest in the state. Unemployment stands at 4.1%.

With 5,133 residents per square mile across 6.1 square miles of land, 94070 is far denser than the statewide ZIP median of 1,120 (rank 437 of 1,558). This is predominantly single-family residential with suburban street patterns.