95841, Sacramento, CA

The Sacramento zip code 95841 has a population of over 1 million people and is one of the most populous in California. The median home value in this zip code is $429,000, which is significantly higher than the statewide median home value of $217,500. In addition, the home equity in this zip code is also significantly higher than the statewide average home equity of $130,000. This indicates that there are a lot of homeowners in this zip code who are able to use their homes as collateral for loans or other investments.

One reason why the home equity and home prices in this zip code are so high is because there are a lot of affluent residents living here. According to Zillow’s 2018 Home Value report, the median income in this zip code is $108,000 which is well above the statewide median income of $67,500. Additionally, many wealthy individuals have invested money into real estate here which has helped to drive up prices.

However, not all residents are able to benefit from these high prices. Many low-income families live in this area and have difficulty afford to buy or rent a house even if they have enough money saved up. This situation may change over time as more low-income families move into the area and try to purchase or rent homes but for now it remains an obstacle for them.