95703, Applegate, CA

Applegate, CA is located in the Central Valley of California and has a population of around 14,000. The 95703 zip code has a median home value of $128,000 and a median household income of $51,000. Applegate is one of the most affordable zip codes in California and has seen steady growth in home values over the past few years.

Applegate's economy is based largely on agriculture and forestry. However, since the 1990s, Applegate has seen significant growth in its technology sector, with many high-tech companies locating there. This growth has led to increased demand for housing and caused prices to rise significantly in the 95703 zip code.

The average home value in Applegate grew by 27% from 2010 to 2016, which was faster than the statewide average rate of 21%. In addition, Applegate's homeownership rate is above the state average (69%), which indicates that more people are able to purchase homes there than elsewhere in California. This strong demand for homes has helped drive up prices significantly over the past few years. As of September 2017, the median home value was $128,000 compared to $101,500 just five years earlier.