91604, Studio City, CA

The Studio City zip code of 91604 has a population of approximately 102,000 people. The median household income in the zip code is $101,000, and the median home value is $1,310,000. The average home size in the zip code is 2,711 square feet.

Studio City has a relatively high rate of home ownership compared to other areas of Los Angeles. In fact, nearly two-thirds (64%) of households in the zip code own their homes. This high rate of homeownership is likely due to the close proximity to Hollywood and the entertainment industry. Additionally, Studio City has a low rate of unemployment (3%), which may also contribute to its high rate of home ownership.

Despite having such a high rate of homeownership, there are still pockets of housing affordability issues in Studio City. For example, around 10% of households in the zip code are rent-burdened, which means that they are spending more than 30%of their income on rent. Additionally, around 20%of households in the zip code have mortgage payments that exceed 30%of their income. These housing affordability issues may be due to rising prices and limited availability within Studio City's neighborhoods.