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These days, finding an affordable place to live in the 94040 area can be challenging. Home prices in 94040 are now at a median cost of $1,431,176, higher than the California average of $648,235.
The average cost of rent is $2,700/mo in 94040, primarily driven by the current value of real estate in the 94040 area. While nearly 37.53% of residents own their homes outright in 94040, 59.91% rent.
Housing affordability isn’t just about home prices, though. The average household income in 94040 is $14,076 per month. Households that rent pay about 19.18% of their income on rent here. 94040's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 94041, CA: higher priced homes
- 94043, CA: less expensive homes
- 94022, CA: higher priced homes
- 94024, CA: higher priced homes
- 94306, CA: higher priced homes
- 94086, CA: equally priced homes
- 94087, CA: higher priced homes
- 94085, CA: equally priced homes
- 94305, CA: less expensive homes
- 94089, CA: less expensive homes
Zip Codes with Similar Populations
- 11722, NY: less expensive homes
- 78260, TX: less expensive homes
- 80004, CO: less expensive homes
- 80003, CO: less expensive homes
- 79707, TX: less expensive homes
- 79416, TX: less expensive homes
- 78749, TX: less expensive homes
- 78717, TX: less expensive homes
- 78516, TX: less expensive homes
- 78413, TX: less expensive homes
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