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These days, finding an affordable place to live in the 96040 area can be challenging. Home prices in 96040 are now at a median cost of $374,382, lower than the California average of $812,006.
The average cost of rent is $1,039/mo in 96040, primarily driven by the current value of real estate in the 96040 area. In 96040, 10.43% of households rent, and 37.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 96040 is $5,442 per month. Households that rent pay about 19.09% of their income on rent here. 96040’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 96016, CA: equally priced homes
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- 96065, CA: less expensive homes
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- 96069, CA: equally priced homes
- 96051, CA: equally priced homes
- 96132, CA: less expensive homes
- 96033, CA: less expensive homes
- 96091, CA: less expensive homes
- 96123, CA: less expensive homes
Zip Codes with Similar Populations
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- 61775, IL: less expensive homes
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- 63473, MO: less expensive homes
- 63874, MO: less expensive homes
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