94901, San Rafael, CA

The San Rafael zip code of 94901 has a median home value of $1,039,000 and a median home equity value of $485,000. These values are significantly higher than the statewide median home value of $480,000 and statewide median home equity value of $470,000. The San Rafael zip code is also considerably wealthier than the statewide average household income of $92,500.

There are several factors that may contribute to the high values in the San Rafael zip code. First, the area is affluent and has a high concentration of wealthy residents. Second, there is a strong demand for housing in this area due to its proximity to major cities such as San Francisco and Oakland. Third, there is a low rate of foreclosure activity in this zip code which may lead to higher values. Finally, local regulations may also contribute to the high values by limiting development or increasing prices for properties within certain boundaries.