ZIP Code 95247 — Murphys, California

The median home in 95247 is valued at $443,800 against a median household income of $73,413, a price-to-income ratio of 6.0. That is below 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 Calaveras County, 95247 ranks 8 of 12 ZIPs on affordability (1 = lowest ratio); the county median ratio is 4.8. Renting takes 27.2% of median household income (median rent $1,665 a month), under the 30% cost-burden threshold.

95247 ranks 1,008 of 1,558 statewide on median household income and 1,036 of 1,558 on median home value; its income is below the $85,243 Calaveras County median. 80% of households own their home, above the 64% statewide ZIP median, making this a majority-owner ZIP. 35% of adults hold a bachelor's degree or higher, above the 31% median, and the poverty rate is 9.3%, below the 10.8% statewide ZIP median. Unemployment stands at 3.1%.

With 86 residents per square mile across 47 square miles of land, 95247 is far less dense than the statewide ZIP median of 1,120 (rank 1,166 of 1,558). This is rural or open territory where most of the land is agricultural, forest, desert or public land.