94903, San Rafael, CA

The San Rafael zip code of 94903 has a median home value of $1,039,000 and a median home equity value of $483,000. These values are significantly higher than the California statewide median home value of $478,500 and the national median home equity value of $217,200. The high values in the San Rafael zip code may be attributable to its affluent population and proximity to major metropolitan areas such as San Francisco and Los Angeles.

The average household income in the 94903 zip code is $147,000, which is significantly higher than the statewide average household income of $101,500 and the national average household income of $53,700. This high level of income may be attributable to the presence of major corporations such as Google and Apple in the area or to high levels of education attainment among residents.

Despite these high levels of wealth, there are still a significant number of households in the 94903 zip code that are struggling to afford their homes. Approximately 21% of households in this zip code are considered “low-income” by US Census standards, which is much higher than the statewide low-income rate (10%) or national low-income rate (15%). This indicates that there is still room for improvement in terms of housing affordability in this area.