ZIP Code 94938 — Lagunitas, California

The median home in 94938 is valued at $1,132,400 against a median household income of $111,800, a price-to-income ratio of 10.1. 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 Marin County, 94938 ranks 18 of 26 ZIPs on affordability (1 = lowest ratio); the county median ratio is 8.9. Renting takes 37.6% of median household income (median rent $3,501 a month), above the 30% cost-burden threshold.

94938 ranks 428 of 1,558 statewide on median household income and 228 of 1,558 on median home value; its income is below the $127,509 Marin County median. 66% of households own their home, in line with the 64% statewide ZIP median, making this a majority-owner ZIP. 54% of adults hold a bachelor's degree or higher, far above the 31% median, and the poverty rate is 5.4%, far below the 10.8% statewide ZIP median and among the lowest in the state. Unemployment stands at 9.5%.

With 45 residents per square mile across 9.5 square miles of land, 94938 is far less dense than the statewide ZIP median of 1,120 (rank 1,251 of 1,558). This is rural or open territory where most of the land is agricultural, forest, desert or public land.