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These days, finding an affordable place to live in the 96016 area can be challenging. Home prices in 96016 are now at a median cost of $288,581, lower than the California average of $648,235.
The average cost of rent is $1,041/mo in 96016, primarily driven by the current value of real estate in the 96016 area. While nearly 46.95% of residents own their homes outright in 96016, 17.25% rent.
Housing affordability isn’t just about home prices, though. The average household income in 96016 is $7,275 per month. Households that rent pay about 14.31% of their income on rent here. 96016's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 96013, CA: less expensive homes
- 96028, CA: equally priced homes
- 96040, CA: equally priced homes
- 96056, CA: equally priced homes
- 96065, CA: less expensive homes
- 96011, CA: less expensive homes
- 96051, CA: equally priced homes
- 96132, CA: higher priced homes
- 96119, CA: higher priced homes
- 96091, CA: higher priced homes
Zip Codes with Similar Populations
- 72536, AR: less expensive homes
- 56369, MN: less expensive homes
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- 58265, ND: less expensive homes
- 58656, ND: less expensive homes
- 68722, NE: less expensive homes
- 70465, LA: less expensive homes
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