95619, Diamond Springs, CA

Diamond Springs, CA is located in the 95619 zip code. According to the 2016 American Community Survey, the median household income in this zip code is $92,898. The median home value is $267,000. The homeownership rate in this zip code is 73%.

The average interest rate on a 30-year fixed-rate mortgage in Diamond Springs was 4.11% as of November 2017. This compares favorably with the California statewide average of 4.59%. The average home price in Diamond Springs was above the statewide average by 5%.

There are several factors that may contribute to higher home prices and home equity values in Diamond Springs than elsewhere in California:

1) Location – Diamond Springs is located within close proximity to both Los Angeles and San Francisco metropolitan areas, which may attract more affluent residents;

2) Quality of Life – While not always reflected by overall population rankings, Diamond Springs has consistently been rated among the best places to live in California;

3) Cost of Living – Relative to other parts of California, housing costs are relatively low here; and

4) Availability of Mortgage Credit – While there may be some competition for available mortgages from other parts of California, Diamond Springs has a comparatively low percentage of borrowers who are delinquent on their mortgages (5%).