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Rental Insights for ZIP Code 94553 (Martinez, CA)

Housing Rentals in ZIP Code 94553 (Martinez, CA)

94553 ZIP Code in California

An In-depth Dive Into Housing Rentals in ZIP Code 94553

The 94553 ZIP Code is primarily located in Martinez, CA in Contra Costa County. This California region has an estimated median housing rent of $1,722 per month. About 31.8% of total housing units in this Contra Costa County ZIP Code are occupied by renters, while the estimated rental vacancy rate is 4.6%.

The median rent in ZIP Code 94553 of $1,722 per month is 15% higher than the aggregate California median monthly rent of $1,503, and is 62% higher than the $1,062 the median monthly rent in the U.S. overall. About 32.3% of renters in ZIP Code 94553 pay between $1,500 and $1,999 per month for housing. That is 39% higher than in California overall, in which 23.2% of total state residents pay between $1,500 and $1,999 per month for housing. Just 5.0% of ZIP Code 94553 renters pay $3,000 or more for monthly rent.

ZIP Code 94553 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 94553

See the chart below for a comparison of monthly rental costs in ZIP Code 94553, California, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 94553 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 94553

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

Cost ZIP 94553 California U.S.
Less than $500 5.5% 4.9% 9.4%
$500 to $999 7.5% 16.5% 36.2%
$1,000 to $1,499 22.7% 28.6% 30.0%
$1,500 to $1,999 32.3% 23.2% 14.0%
$2,000 to $2,499 16.9% 13.4% 5.6%
$2,500 to $2,999 10.2% 6.9% 2.4%
$3,000 or more 5.0% 6.7% 2.4%

Rent Cost vs. Income in ZIP Code 94553

Renters in ZIP Code 94553 use an estimated 28.4% of their income to cover their monthly rent payments. That is about 9% 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 94553 renters use about 5% less of their income to cover rent expense. Household income figures for ZIP Code 94553 come in higher than in California as a whole. The median annual household income in ZIP Code 94553 of $103,728 sits approximately 38% higher than the overall California median income of $75,235 and approximately 65% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 94553

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 94553, 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 94553 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 94553

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

Rent Cost as % of Income ZIP 94553 California U.S.
Less than 15.0 percent 11.7% 10.3% 13.1%
15.0 to 19.9 percent 15.7% 11.2% 12.9%
20.0 to 24.9 percent 15.6% 12.2% 12.9%
25.0 to 29.9 percent 15.0% 11.5% 11.6%
30.0 to 34.9 percent 9.6% 9.6% 9.1%
35.0 percent or more 32.3% 45.2% 40.5%

Household Income in ZIP Code 94553

See the table below for the regional comparison of annual household income in ZIP Code 94553.

Income ZIP 94553 California U.S.
Less than $10,000 2.4% 4.8% 6.0%
$10,000 to $14,999 2.3% 4.1% 4.3%
$15,000 to $24,999 5.2% 7.5% 8.9%
$25,000 to $34,999 5.1% 7.5% 8.9%
$35,000 to $49,999 5.7% 10.5% 12.3%
$50,000 to $74,999 13.5% 15.5% 17.2%
$75,000 to $99,999 14.4% 12.4% 12.7%
$100,000 to $149,999 23.0% 16.6% 15.1%
$150,000 to $199,999 11.9% 8.9% 6.8%
$200,000 or more 16.6% 12.2% 7.7%

Household Income in ZIP Code 94553

See the chart below for a comparison of annual household income figures in ZIP Code 94553, California, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 94553 alongside the same figures for the state of California and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 94553

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 94553.

ZIP 94553 California U.S.
Median Housing Rent $1,722 $1,503 $1,062
Renter-Occupied Housing Units 31.8% 45.2% 36.0%
Rental Vacancy Rate 4.6% 3.6% 6.0%
Average Size of Renter-Occupied Unit 2.56 2.88 2.49
Average # of Bedrooms Per Unit 2.84 2.63 2.75
Percent of Income Spent on Rent 28.4% 31.23% 29.83%
Per Capita Income $48,953 $36,955 $34,103
Median Household Income $124,919 $106,916 $88,607
Living Below the Poverty Line 2.7% 9.6% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 94553

In ZIP Code 94553 (Martinez, CA), and estimated 31.8% of housing units are occupied by renters. This region has an approximate rental vacany rate of 4.6%.

The per capita income in 94553 is estimated at $48,953, which goes along with an estimated median household income of $124,919. About 2.7% of residents in this Contra Costa County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.56 occupants, while the units have an aggregate average size of 2.84 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 28.4% of their income on housing rental costs.

Rental FAQs for ZIP Code 94553

1

What is the median monthly rent in ZIP Code 94553?

Median rent for housing in ZIP Code 94553 in Contra Costa County in California is approximately $1,722 per month.
2

Is it expensive to rent in ZIP Code 94553?

Rent in ZIP Code 94553 is higher than average in the state of California overall. The median monthly rent of $1,722 in ZIP Code 94553 is approximately 15% higher than the California median of $1,503. Additionally, median rent in this Martinez, CA region ($1,722) is about 62% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 94553?

High-priced rentals are less common in ZIP Code 94553 than in California overall. The percentage of rentals in ZIP Code 94553 that cost $3,000 or more per month (5.0%) is about 25% lower than the California rate of 6.7% that cost that much. Additionally, the overall U.S. rate of 2.4% paying $3,000 or more per month is about 108% lower than the aforementioned 94553 rate of 5.0%.
4

Are affordable rentals common in ZIP Code 94553?

Affordable rentals are less common in ZIP Code 94553 than in California overall. The percentage of housing rentals in ZIP Code 94553 costing $999 or less per month (13%) is approximately 39% lower 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 71% higher than the previously mentioned 94553 rate of 13%.
5

What is the most common cost range that rentals fall into in ZIP Code 94553?

The most common range for rental cost in ZIP Code 94553 is between $1,500 and $1,999 per month. About 32.3% of renters in 94553 pay in this range for monthly rent. In comparison, approximately 23.2% of renters in the state of California fall in the between $1,500 and $1,999 range, and 14.0% of overall U.S. renters fall in this range.
6

Does ZIP Code 94553 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 94553 is higher than the rental vacancy rate in the state of California overall. Rental vacancy of 4.6% in ZIP Code 94553 is about 28% higher than the California rate of 3.6%. Looking more broadly, rental vacancy in this Martinez, CA region (4.6%) is an estimated 23% 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 94553? How does it compare to other California regions?

Median household income in ZIP Code 94553 is higher than in the state of California overall. Annual household income of $103,728 in ZIP Code 94553 is about 38% higher than the California median of $75,235. Additionally, median household income in this Martinez, CA region ($103,728) is approximately 65% higher 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 94553 spend on housing costs?

Renters in ZIP Code 94553 spend a lower amount of their income on rent costs than do renters in California overall. Renters in ZIP Code 94553 spend an estimated 28.4% of their income on rent payments, which is about 9% 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 5% higher than the ZIP Code 94553 estimated rate of 28.4%.
9

Do renters in ZIP Code 94553 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 94553 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 94553 spending 30 percent or more of their income on rent costs (41.9%) is approximately 24% 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 16% higher than the aforementioned 94553 rate of 41.9%.
10

What is the average household size of renter-occupied units in ZIP Code 94553?

The average household size of renter-occupied units in ZIP Code 94553 is lower than in the state of California overall. Annual household size of 2.56 in ZIP Code 94553 is about 11% lower than the California median of 2.88. Additionally, median household size in this Martinez, CA region (2.56) is approximately 3% higher than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other California ZIP Codes