ZIP Code 96002 — Redding, California

The median home in 96002 is valued at $329,000 against a median household income of $71,608, a price-to-income ratio of 4.6. That is below the 6.7 median across the 1,558 California ZIP codes with published housing data, and past the 3.0 ratio that marks an attainable market nationally, though it is among the more attainable ratios in the state. Within Shasta County, 96002 ranks 11 of 22 ZIPs on affordability (1 = lowest ratio); the county median ratio is 4.6. Renting takes 20.1% of median household income (median rent $1,199 a month), under the 30% cost-burden threshold.

96002 ranks 1,041 of 1,558 statewide on median household income and 1,264 of 1,558 on median home value; its income is above the $64,068 Shasta County median. 62% of households own their home, in line with the 64% statewide ZIP median, making this a majority-owner ZIP. 21% of adults hold a bachelor's degree or higher, below the 31% median, and the poverty rate is 10.9%, in line with the 10.8% statewide ZIP median. Unemployment stands at 4.3%.

With 1,132 residents per square mile across 30.6 square miles of land, 96002 is in line with the statewide ZIP median of 1,120 (rank 777 of 1,558). This is a low-density pattern of large lots, small towns or scattered subdivisions.