ZIP Code 96003 — Redding, California

The median home in 96003 is valued at $343,300 against a median household income of $67,440, a price-to-income ratio of 5.1. 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, though it is among the more attainable ratios in the state. Within Shasta County, 96003 ranks 16 of 22 ZIPs on affordability (1 = lowest ratio); the county median ratio is 4.6. Renting takes 24.1% of median household income (median rent $1,356 a month), under the 30% cost-burden threshold.

96003 ranks 1,123 of 1,558 statewide on median household income and 1,234 of 1,558 on median home value; its income is above the $64,068 Shasta County median. 59% of households own their home, below the 64% statewide ZIP median, making this a majority-owner ZIP. 28% of adults hold a bachelor's degree or higher, below the 31% median, and the poverty rate is 16.2%, above the 10.8% statewide ZIP median. Unemployment stands at 5.9%.

With 395 residents per square mile across 111.2 square miles of land, 96003 is far less dense than the statewide ZIP median of 1,120 (rank 942 of 1,558). This is a low-density pattern of large lots, small towns or scattered subdivisions.