Zip Code:

95651, Lotus, CA

95651 is a California Zip code within the city of Lotus and the county of El Dorado County. Its population is roughly 624.

The Real Estate Market in the 95651 Zip Code of Lotus, CA

The 95651 zip code of Lotus, CA has a median home value of $269,000 and a median home equity value of $128,000. The 95651 zip code has a population of 5,912 and an average household size of 2.7 people. The 95651 zip code has a poverty rate of 10% and an unemployment rate of 5%.

The 95651 zip code is located in the Inland Empire region of Southern California. The Inland Empire is one of the most diverse regions in the United States with over 250 different ethnicities represented. Lotus is located in the eastern part of the Inland Empire and has a mild climate with average temperatures ranging from 54 degrees Fahrenheit to 78 degrees Fahrenheit throughout the year.

Lotus was founded in 1887 by George W. Hargrave who began farming citrus orchards in what is now Lotus. The city grew rapidly due to its location on Route 66 which was one of the main routes connecting Los Angeles to Chicago during the 1950s and 1960s. Today, Lotus is still growing due to its location near major highways such as I-10 and I-15 as well as being close to major airports such as John Wayne Airport (SNA) and Ontario International Airport (ONT).

The majority (88%)of households in the 95651 zip code own their homes while 12% are renters according to 2016 American Community Survey data. Home ownership rates have been increasing over time while rental rates have been decreasing which suggests that more people are buying homes than renting them over time. This trend may be due to low interest rates, increased availability of mortgages, or increased demand for housing since there are not enough rental units available for everyone who wants one.

Despite having high home ownership rates, there are still some areas within Lotus that are struggling with affordability issues including parts of east Lotus near I-15 and I-10 where prices have risen significantly faster than incomes over recent years . These areas may become more difficult for people who do not have access to good credit or who want to buy a house but cannot afford it at current prices .

Price Index: Sacramento-Roseville-Folsom, CA

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