93905, Salinas, CA

The Salinas zip code 93905 has a population of approximately 120,000 people and a median household income of $50,000. Home prices in the 93905 zip code have increased by an average of 10% over the past year. The average home value in the 93905 zip code is $269,200. The percentage of homes that are owner-occupied is 69%. The percentage of homes that are renter-occupied is 30%.

There are a number of factors that contribute to the increase in home prices in the 93905 zip code. One reason is that there has been an increase in demand for housing due to an influx of new residents and businesses moving into the area. Another reason for the increase in home prices is that there has been an increase in supply due to a decrease in available housing stock and a limited number of available properties for sale. Additionally, interest rates have remained low which has helped to boost home values.