ZIP Code 95428 — Covelo, California

The median home in 95428 is valued at $374,500 against a median household income of $46,694, a price-to-income ratio of 8.0. 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 Mendocino County, 95428 ranks 9 of 21 ZIPs on affordability (1 = lowest ratio); the county median ratio is 8.7. Renting takes 24.3% of median household income (median rent $944 a month), under the 30% cost-burden threshold.

95428 ranks 1,456 of 1,558 statewide on median household income and 1,160 of 1,558 on median home value; its income is below the $61,576 Mendocino County median. 68% of households own their home, above the 64% statewide ZIP median, making this a majority-owner ZIP. 10% of adults hold a bachelor's degree or higher, far below the 31% median, and the poverty rate is 29.8%, far above the 10.8% statewide ZIP median and among the highest in the state. Unemployment stands at 21.5%.

With 10 residents per square mile across 274.7 square miles of land, 95428 is far less dense than the statewide ZIP median of 1,120 (rank 1,425 of 1,558). This is rural or open territory where most of the land is agricultural, forest, desert or public land.