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Rental Insights for ZIP Code 92276 (Thousand Palms, CA)

Housing Rentals in ZIP Code 92276 (Thousand Palms, CA)

92276 ZIP Code in California

An In-depth Dive Into Housing Rentals in ZIP Code 92276

The 92276 ZIP Code is primarily located in Thousand Palms, CA in Riverside County. This California region has a median housing rent payment of $1,132 per month. About 25.2% of housing units in this Riverside County ZIP Code are renter-occupied, and the region has an approximate rental vacancy rate of zero.

The median rent in ZIP Code 92276 of $1,132 per month is 25% lower than the aggregate California median monthly rent of $1,503, and is 7% higher than the $1,062 the median monthly rent in the U.S. overall. An estimated 68.8% of residents in ZIP Code 92276 have a monthly rent payment between $1,000 and $1,499. That is 141% higher than in California overall, in which 28.6% of total state residents pay between $1,000 and $1,499 per month for housing. Just 3.1% of renters in this Thousand Palms, CA region pay between $1,500 and $1,999 for monthly rent.

ZIP Code 92276 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 92276

See the chart below for a comparison of monthly rental costs in ZIP Code 92276, California, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 92276 along with those in the state of California and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 92276

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 92276 California U.S.
Less than $500 0.0% 4.9% 9.4%
$500 to $999 28.1% 16.5% 36.2%
$1,000 to $1,499 68.8% 28.6% 30.0%
$1,500 to $1,999 3.1% 23.2% 14.0%
$2,000 to $2,499 0.0% 13.4% 5.6%
$2,500 to $2,999 0.0% 6.9% 2.4%
$3,000 or more 0.0% 6.7% 2.4%

Rent Cost vs. Income in ZIP Code 92276

Renters in ZIP Code 92276 use an estimated 29.53% of their income to cover their monthly rent payments. That is about 5% lower than in California overall. The estimate for California overall is 31.23% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 92276 renters use about 1% less of their income to cover rent expense. Household income figures for ZIP Code 92276 come in lower than in California as a whole. The median annual household income in ZIP Code 92276 of $52,333 sits approximately 30% lower than the overall California median income of $75,235 and approximately 17% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 92276

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 92276, California, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 92276 along with the same calculations in the state of California and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 92276

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 92276 California U.S.
Less than 15.0 percent 7.9% 10.3% 13.1%
15.0 to 19.9 percent 21.1% 11.2% 12.9%
20.0 to 24.9 percent 22.8% 12.2% 12.9%
25.0 to 29.9 percent 1.7% 11.5% 11.6%
30.0 to 34.9 percent 3.1% 9.6% 9.1%
35.0 percent or more 43.4% 45.2% 40.5%

Household Income in ZIP Code 92276

See the table below for the regional comparison of annual household income in ZIP Code 92276.

Income ZIP 92276 California U.S.
Less than $10,000 5.5% 4.8% 6.0%
$10,000 to $14,999 9.1% 4.1% 4.3%
$15,000 to $24,999 9.1% 7.5% 8.9%
$25,000 to $34,999 9.3% 7.5% 8.9%
$35,000 to $49,999 14.7% 10.5% 12.3%
$50,000 to $74,999 23.4% 15.5% 17.2%
$75,000 to $99,999 13.5% 12.4% 12.7%
$100,000 to $149,999 7.2% 16.6% 15.1%
$150,000 to $199,999 5.2% 8.9% 6.8%
$200,000 or more 2.9% 12.2% 7.7%

Household Income in ZIP Code 92276

See the chart below for a comparison of annual household income figures in ZIP Code 92276, California, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 92276 alongside the same figures for the state of California and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 92276

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 92276.

ZIP 92276 California U.S.
Median Housing Rent $1,132 $1,503 $1,062
Renter-Occupied Housing Units 25.2% 45.2% 36.0%
Rental Vacancy Rate 0.0% 3.6% 6.0%
Average Size of Renter-Occupied Unit 3.28 2.88 2.49
Average # of Bedrooms Per Unit 2.53 2.63 2.75
Percent of Income Spent on Rent 29.53% 31.23% 29.83%
Per Capita Income $25,537 $36,955 $34,103
Median Household Income $63,024 $106,916 $88,607
Living Below the Poverty Line 10.1% 9.6% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 92276

In ZIP Code 92276 (Thousand Palms, CA), and estimated 25.2% of housing units are occupied by renters. This region has an approximate rental vacany rate of 0.0%.

The per capita income in 92276 is estimated at $25,537, which goes along with an estimated median household income of $63,024. About 10.1% of residents in this Riverside County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 3.28 occupants, while the units have an aggregate average size of 2.53 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 29.53% of their income on housing rental costs.

Rental FAQs for ZIP Code 92276

1

What is the median monthly rent in ZIP Code 92276?

Median rent for housing in ZIP Code 92276 in Riverside County in California is approximately $1,132 per month.
2

Is it expensive to rent in ZIP Code 92276?

Rent in ZIP Code 92276 is lower than average in the state of California overall. The median monthly rent of $1,132 in ZIP Code 92276 is approximately 25% lower than the California median of $1,503. Additionally, median rent in this Thousand Palms, CA region ($1,132) is about 7% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 92276?

High-priced rentals are not common in the Thousand Palms, CA ZIP Code of 92276, as the region has no rentals costing $3,000 or more per month. In contrast, in the state of California overall, approximately 6.7% of rentals fall in this upper tier of $3,000 or more per month.
4

Are affordable rentals common in ZIP Code 92276?

Affordable rentals are more common in ZIP Code 92276 than in California overall. The percentage of housing rentals in ZIP Code 92276 costing $999 or less per month (28.1%) is approximately 31% higher than the California rate of 21.4% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 38% higher than the previously mentioned 92276 rate of 28.1%.
5

What is the most common cost range that rentals fall into in ZIP Code 92276?

The most common range for rental cost in ZIP Code 92276 is between $1,000 and $1,499 per month. About 68.8% of renters in 92276 pay in this range for monthly rent. In comparison, approximately 28.6% of renters in the state of California fall in the between $1,000 and $1,499 range, and 30.0% of overall U.S. renters fall in this range.
6

Does ZIP Code 92276 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 92276 is lower than the rental vacancy rate in the state of California overall. Rental vacancy of 0.0% in ZIP Code 92276 is about 100% lower than the California rate of 3.6%. Looking more broadly, rental vacancy in this Thousand Palms, CA region (0.0%) is an estimated 100% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 92276? How does it compare to other California regions?

Median household income in ZIP Code 92276 is lower than in the state of California overall. Annual household income of $52,333 in ZIP Code 92276 is about 30% lower than the California median of $75,235. Additionally, median household income in this Thousand Palms, CA region ($52,333) is approximately 17% lower than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 92276 spend on housing costs?

Renters in ZIP Code 92276 spend a lower amount of their income on rent costs than do renters in California overall. Renters in ZIP Code 92276 spend an estimated 29.53% of their income on rent payments, which is about 5% lower than the overall California estimated rate of 31.23%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 1% higher than the ZIP Code 92276 estimated rate of 29.53%.
9

Do renters in ZIP Code 92276 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 92276 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 92276 spending 30 percent or more of their income on rent costs (46.5%) is approximately 15% lower than the California rate of 54.8% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 6% higher than the aforementioned 92276 rate of 46.5%.
10

What is the average household size of renter-occupied units in ZIP Code 92276?

The average household size of renter-occupied units in ZIP Code 92276 is higher than in the state of California overall. Annual household size of 3.28 in ZIP Code 92276 is about 14% higher than the California median of 2.88. Additionally, median household size in this Thousand Palms, CA region (3.28) is approximately 32% higher than median household size of 2.49 in the U.S. as a whole.

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