Zip Code:

93063, Simi Valley, CA

93063 is a California Zip code within the city of Simi Valley and the county of Ventura County. Its population is roughly 56,458.

The Real Estate Market in the 93063 Zip Code of Simi Valley, CA

The Simi Valley zip code of 93063 has a population of around 117,000 people and a median household income of $100,000. The home equity in this zip code is around $1.2 trillion, which is more than the GDP of all but 24 countries in the world. In fact, the home equity in this zip code is more than twice the size of the entire economy of Spain!

One reason for this high level of home equity is that there are a lot of wealthy people living in this zip code. In fact, over half (52%) of all households in this zip code have an annual income above $200,000. Additionally, there are a lot of expensive homes available for sale here. The average price per square foot for homes sold in this zip code was over $1,600 last year!

Despite these high levels of home equity, it's important to remember that not everyone in this zip code is wealthy. Just over one-third (35%)of all households here have an annual income below $50,000. This means that there are a lot of people who could potentially lose their homes if they don't have enough money to pay their mortgages or other debts.

Overall, it's clear that homeownership rates and home prices are very high in the Simi Valley zip code. However, it's also important to remember that not everyone living here can afford to buy or own a house – especially those who don't have high incomes.

Price Index: Oxnard-Thousand Oaks-Ventura, CA

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