ZIP Code 95946 — Penn Valley, California

The median home in 95946 is valued at $500,100 against a median household income of $78,428, a price-to-income ratio of 6.4. That is in line with 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 Nevada County, 95946 ranks 2 of 6 ZIPs on affordability (1 = lowest ratio); the county median ratio is 7.3. Renting takes 31.3% of median household income (median rent $2,044 a month), above the 30% cost-burden threshold.

95946 ranks 916 of 1,558 statewide on median household income and 929 of 1,558 on median home value; its income is in line with the $78,315 Nevada County median. 81% of households own their home, above the 64% statewide ZIP median, making this a majority-owner ZIP. 36% of adults hold a bachelor's degree or higher, above the 31% median, and the poverty rate is 11.3%, in line with the 10.8% statewide ZIP median. Unemployment stands at 2.8%.

With 202 residents per square mile across 44.7 square miles of land, 95946 is far less dense than the statewide ZIP median of 1,120 (rank 1,048 of 1,558). This is rural or open territory where most of the land is agricultural, forest, desert or public land.