93268, Taft, CA

The 93268 zip code of Taft, CA has a median home value of $227,000 and a median home equity value of $131,000. These values are significantly higher than the statewide median home value of $181,500 and statewide median home equity value of $106,100. The 93268 zip code is also significantly higher than the national median home value of $177,600 and national median home equity value of $103,200.

There are several factors that may contribute to the high values in the 93268 zip code. First, Taft is located in an affluent area with a high population density. This may lead to increased demand for housing and increased prices. Second, Taft has a low unemployment rate which may lead to more people buying homes as an investment rather than for use as their primary residence. Finally, Taft has a high level of education attainment which may lead to increased demand for homes in desirable neighborhoods.

Despite these factors, there are some challenges facing residents in the 93268 zip code when it comes to purchasing or owning homes. First, there is a shortage of available housing stock which can drive up prices even further. Second, the high levels of education attainment in the area may make it difficult for residents to find affordable housing options outside of the city limits. Third, although Taft has a low unemployment rate overall, there is still significant competition for jobs in the area which can limit potential buyers' incomes.