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Rental Insights for ZIP Code 96038 (Grenada, CA)

Housing Rentals in ZIP Code 96038 (Grenada, CA)

96038 ZIP Code in California

An In-depth Dive Into Housing Rentals in ZIP Code 96038

The 96038 ZIP Code is primarily located in Grenada, CA in Siskiyou County. This region of California has a median housing rent payment of $770 per month. About 35.7% of housing units in this Siskiyou County ZIP Code are occupied by renters, while the region has an approximate rental vacancy rate of 24.0%.

The median rent in ZIP Code 96038 of $770 per month is 49% lower than the aggregate California median monthly rent of $1,503, and is 27% lower than the $1,062 the median monthly rent in the U.S. overall. An estimated 74.4% of renters in ZIP Code 96038 pay between $500 and $999 per month for housing. That is 351% higher than in California overall, in which 16.5% of total state residents pay between $500 and $999 per month for housing. Just 12.8% of renters in this Grenada, CA region pay between $1,000 and $1,499 per month for rent.

ZIP Code 96038 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 96038

See the chart below for a comparison of monthly rental costs in ZIP Code 96038, California, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 96038 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 96038

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

Cost ZIP 96038 California U.S.
Less than $500 12.8% 4.9% 9.4%
$500 to $999 74.4% 16.5% 36.2%
$1,000 to $1,499 12.8% 28.6% 30.0%
$1,500 to $1,999 0.0% 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 96038

Renters in ZIP Code 96038 use an estimated 27.33% of their income to cover their monthly rent payments. That is about 12% 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 96038 renters use about 8% less of their income to cover rent expense. Household income figures for ZIP Code 96038 come in lower than in California as a whole. The median annual household income in ZIP Code 96038 of $54,423 sits approximately 28% lower than the overall California median income of $75,235 and approximately 13% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 96038

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 96038, 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 96038 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 96038

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

Rent Cost as % of Income ZIP 96038 California U.S.
Less than 15.0 percent 22.1% 10.3% 13.1%
15.0 to 19.9 percent 8.1% 11.2% 12.9%
20.0 to 24.9 percent 22.1% 12.2% 12.9%
25.0 to 29.9 percent 2.3% 11.5% 11.6%
30.0 to 34.9 percent 11.6% 9.6% 9.1%
35.0 percent or more 33.7% 45.2% 40.5%

Household Income in ZIP Code 96038

See the table below for the regional comparison of annual household income in ZIP Code 96038.

Income ZIP 96038 California U.S.
Less than $10,000 5.6% 4.8% 6.0%
$10,000 to $14,999 2.3% 4.1% 4.3%
$15,000 to $24,999 10.9% 7.5% 8.9%
$25,000 to $34,999 15.4% 7.5% 8.9%
$35,000 to $49,999 7.9% 10.5% 12.3%
$50,000 to $74,999 35.7% 15.5% 17.2%
$75,000 to $99,999 9.0% 12.4% 12.7%
$100,000 to $149,999 6.0% 16.6% 15.1%
$150,000 to $199,999 2.6% 8.9% 6.8%
$200,000 or more 4.5% 12.2% 7.7%

Household Income in ZIP Code 96038

See the chart below for a comparison of annual household income figures in ZIP Code 96038, California, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 96038 alongside the same figures for the state of California and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 96038

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 96038.

ZIP 96038 California U.S.
Median Housing Rent $770 $1,503 $1,062
Renter-Occupied Housing Units 35.7% 45.2% 36.0%
Rental Vacancy Rate 24.0% 3.6% 6.0%
Average Size of Renter-Occupied Unit 2.62 2.88 2.49
Average # of Bedrooms Per Unit 2.35 2.63 2.75
Percent of Income Spent on Rent 27.33% 31.23% 29.83%
Per Capita Income $24,161 $36,955 $34,103
Median Household Income $61,682 $106,916 $88,607
Living Below the Poverty Line 7.6% 9.6% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 96038

In ZIP Code 96038 (Grenada, CA), and estimated 35.7% of housing units are occupied by renters. This region has an approximate rental vacany rate of 24.0%.

The per capita income in 96038 is estimated at $24,161, which goes along with an estimated median household income of $61,682. About 7.6% of residents in this Siskiyou County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.62 occupants, while the units have an aggregate average size of 2.35 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 27.33% of their income on housing rental costs.

Rental FAQs for ZIP Code 96038

1

What is the median monthly rent in ZIP Code 96038?

Median rent for housing in ZIP Code 96038 in Siskiyou County in California is approximately $770 per month.
2

Is it expensive to rent in ZIP Code 96038?

Rent in ZIP Code 96038 is lower than average in the state of California overall. The median monthly rent of $770 in ZIP Code 96038 is approximately 49% lower than the California median of $1,503. Additionally, median rent in this Grenada, CA region ($770) is about 27% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 96038?

High-priced rentals are not common in the Grenada, CA ZIP Code of 96038, 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 96038?

Affordable rentals are more common in ZIP Code 96038 than in California overall. The percentage of housing rentals in ZIP Code 96038 costing $999 or less per month (87.2%) is approximately 307% 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 91% lower than the previously mentioned 96038 rate of 87.2%.
5

What is the most common cost range that rentals fall into in ZIP Code 96038?

The most common range for rental cost in ZIP Code 96038 is between $500 and $999 per month. About 74.4% of renters in 96038 pay in this range for monthly rent. In comparison, approximately 16.5% of renters in the state of California fall in the between $500 and $999 range, and 36.2% of overall U.S. renters fall in this range.
6

Does ZIP Code 96038 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 96038 is higher than the rental vacancy rate in the state of California overall. Rental vacancy of 24.0% in ZIP Code 96038 is about 567% higher than the California rate of 3.6%. Looking more broadly, rental vacancy in this Grenada, CA region (24.0%) is an estimated 300% higher than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 96038? How does it compare to other California regions?

Median household income in ZIP Code 96038 is lower than in the state of California overall. Annual household income of $54,423 in ZIP Code 96038 is about 28% lower than the California median of $75,235. Additionally, median household income in this Grenada, CA region ($54,423) is approximately 13% 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 96038 spend on housing costs?

Renters in ZIP Code 96038 spend a lower amount of their income on rent costs than do renters in California overall. Renters in ZIP Code 96038 spend an estimated 27.33% of their income on rent payments, which is about 12% 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 8% higher than the ZIP Code 96038 estimated rate of 27.33%.
9

Do renters in ZIP Code 96038 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 96038 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 96038 spending 30 percent or more of their income on rent costs (45.3%) is approximately 17% 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 9% higher than the aforementioned 96038 rate of 45.3%.
10

What is the average household size of renter-occupied units in ZIP Code 96038?

The average household size of renter-occupied units in ZIP Code 96038 is lower than in the state of California overall. Annual household size of 2.62 in ZIP Code 96038 is about 9% lower than the California median of 2.88. Additionally, median household size in this Grenada, CA region (2.62) is approximately 5% higher than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other California ZIP Codes