ZIP Code 94923 — Bodega Bay, California

The median home in 94923 is valued at $1,290,800 against a median household income of $92,283, a price-to-income ratio of 14.0. 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 Sonoma County, 94923 ranks 30 of 30 ZIPs on affordability (1 = lowest ratio); the county median ratio is 7.9. Renting takes 24.7% of median household income (median rent $1,903 a month), under the 30% cost-burden threshold.

94923 ranks 693 of 1,558 statewide on median household income and 169 of 1,558 on median home value; its income is below the $100,331 Sonoma County median. 73% of households own their home, above the 64% statewide ZIP median, making this a majority-owner ZIP. 46% of adults hold a bachelor's degree or higher, above the 31% median, and the poverty rate is 1.1%, far below the 10.8% statewide ZIP median and among the lowest in the state. Unemployment stands at 17.4%.

With 72 residents per square mile across 19.3 square miles of land, 94923 is far less dense than the statewide ZIP median of 1,120 (rank 1,188 of 1,558). This is rural or open territory where most of the land is agricultural, forest, desert or public land.