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These days, finding an affordable place to live in the 94940 area can be challenging. Home prices in 94940 are now at a median cost of $1,346,800, higher than the California average of $648,235.
The average cost of rent is $1,556/mo in 94940, primarily driven by the current value of real estate in the 94940 area. While nearly 66.14% of residents own their homes outright in 94940, 24.04% rent.
Housing affordability isn’t just about home prices, though. The average household income in 94940 is $8,292 per month. Households that rent pay about 18.77% of their income on rent here. 94940's most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 94937, CA: less expensive homes
- 94956, CA: equally priced homes
- 94971, CA: less expensive homes
- 94950, CA: less expensive homes
- 94929, CA: less expensive homes
- 94946, CA: higher priced homes
- 94952, CA: less expensive homes
- 94938, CA: less expensive homes
- 94933, CA: less expensive homes
- 94963, CA: less expensive homes
Zip Codes with Similar Populations
- 04003, ME: less expensive homes
- 04657, ME: less expensive homes
- 59489, MT: less expensive homes
- 67347, KS: less expensive homes
- 59739, MT: less expensive homes
- 59914, MT: less expensive homes
- 60109, IL: less expensive homes
- 60946, IL: less expensive homes
- 60968, IL: less expensive homes
- 61333, IL: less expensive homes
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