ZIP Code 94945 — Novato, California

The median home in 94945 is valued at $1,038,900 against a median household income of $115,000, a price-to-income ratio of 9.0. 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 Marin County, 94945 ranks 14 of 26 ZIPs on affordability (1 = lowest ratio); the county median ratio is 8.9. Renting takes 22.0% of median household income (median rent $2,111 a month), under the 30% cost-burden threshold.

94945 ranks 391 of 1,558 statewide on median household income and 298 of 1,558 on median home value; its income is below the $127,509 Marin County median. 73% of households own their home, above the 64% statewide ZIP median, making this a majority-owner ZIP. 53% of adults hold a bachelor's degree or higher, far above the 31% median, and the poverty rate is 6.7%, below the 10.8% statewide ZIP median. Unemployment stands at 5.2%.

With 743 residents per square mile across 23.3 square miles of land, 94945 is less dense than the statewide ZIP median of 1,120 (rank 848 of 1,558). This is a low-density pattern of large lots, small towns or scattered subdivisions.