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Rental Insights for ZIP Code 94939 (Larkspur, CA)

Housing Rentals in ZIP Code 94939 (Larkspur, CA)

94939 ZIP Code in California

An In-depth Dive Into Housing Rentals in ZIP Code 94939

The 94939 ZIP Code is primarily located in Larkspur, CA in Marin County. This California region has an estimated median housing rent of $2,206 per month. About 46.0% of housing units in this Marin County ZIP Code are renter-occupied. Additionally, the region has an approximate rental vacancy rate of 6.4%.

The median rent in ZIP Code 94939 of $2,206 per month is 47% higher than the aggregate California median monthly rent of $1,503, and is 108% higher than the $1,062 the median monthly rent in the U.S. overall. An estimated 32.0% of renters in ZIP Code 94939 pay between $2,000 and $2,499 per month for housing. That is 139% higher than in California overall, in which 13.4% of total state residents pay between $2,000 and $2,499 per month for housing. Just 0.6% of renters in ZIP Code 94939 pay between $500 and $999 per month for housing.

ZIP Code 94939 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 94939

See the chart below for a comparison of monthly rental costs in ZIP Code 94939, California, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 94939 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 94939

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

Cost ZIP 94939 California U.S.
Less than $500 9.2% 4.9% 9.4%
$500 to $999 0.6% 16.5% 36.2%
$1,000 to $1,499 9.6% 28.6% 30.0%
$1,500 to $1,999 17.5% 23.2% 14.0%
$2,000 to $2,499 32.0% 13.4% 5.6%
$2,500 to $2,999 9.5% 6.9% 2.4%
$3,000 or more 21.7% 6.7% 2.4%

Rent Cost vs. Income in ZIP Code 94939

Renters in ZIP Code 94939 use an estimated 28.58% of their income to cover their monthly rent payments. That is about 8% 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 94939 renters use about 4% less of their income to cover rent expense. Household income figures for ZIP Code 94939 come in higher than in California as a whole. The median annual household income in ZIP Code 94939 of $119,158 sits approximately 58% higher than the overall California median income of $75,235 and approximately 90% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 94939

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 94939, 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 94939 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 94939

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

Rent Cost as % of Income ZIP 94939 California U.S.
Less than 15.0 percent 18.8% 10.3% 13.1%
15.0 to 19.9 percent 13.4% 11.2% 12.9%
20.0 to 24.9 percent 10.7% 12.2% 12.9%
25.0 to 29.9 percent 11.6% 11.5% 11.6%
30.0 to 34.9 percent 5.4% 9.6% 9.1%
35.0 percent or more 40.0% 45.2% 40.5%

Household Income in ZIP Code 94939

See the table below for the regional comparison of annual household income in ZIP Code 94939.

Income ZIP 94939 California U.S.
Less than $10,000 3.8% 4.8% 6.0%
$10,000 to $14,999 1.9% 4.1% 4.3%
$15,000 to $24,999 7.8% 7.5% 8.9%
$25,000 to $34,999 4.1% 7.5% 8.9%
$35,000 to $49,999 4.8% 10.5% 12.3%
$50,000 to $74,999 10.6% 15.5% 17.2%
$75,000 to $99,999 8.3% 12.4% 12.7%
$100,000 to $149,999 17.7% 16.6% 15.1%
$150,000 to $199,999 9.7% 8.9% 6.8%
$200,000 or more 31.3% 12.2% 7.7%

Household Income in ZIP Code 94939

See the chart below for a comparison of annual household income figures in ZIP Code 94939, California, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 94939 alongside the same figures for the state of California and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 94939

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 94939.

ZIP 94939 California U.S.
Median Housing Rent $2,206 $1,503 $1,062
Renter-Occupied Housing Units 46.0% 45.2% 36.0%
Rental Vacancy Rate 6.4% 3.6% 6.0%
Average Size of Renter-Occupied Unit 1.80 2.88 2.49
Average # of Bedrooms Per Unit 2.46 2.63 2.75
Percent of Income Spent on Rent 28.58% 31.23% 29.83%
Per Capita Income $90,270 $36,955 $34,103
Median Household Income $193,056 $106,916 $88,607
Living Below the Poverty Line 1.2% 9.6% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 94939

In ZIP Code 94939 (Larkspur, CA), and estimated 46.0% of housing units are occupied by renters. This region has an approximate rental vacany rate of 6.4%.

The per capita income in 94939 is estimated at $90,270, which goes along with an estimated median household income of $193,056. About 1.2% of residents in this Marin County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 1.80 occupants, while the units have an aggregate average size of 2.46 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 28.58% of their income on housing rental costs.

Rental FAQs for ZIP Code 94939

1

What is the median monthly rent in ZIP Code 94939?

Median rent for housing in ZIP Code 94939 in Marin County in California is approximately $2,206 per month.
2

Is it expensive to rent in ZIP Code 94939?

Rent in ZIP Code 94939 is higher than average in the state of California overall. The median monthly rent of $2,206 in ZIP Code 94939 is approximately 47% higher than the California median of $1,503. Additionally, median rent in this Larkspur, CA region ($2,206) is about 108% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 94939?

High-priced rentals are more common in ZIP Code 94939 than in California overall. The percentage of rentals in ZIP Code 94939 that cost $3,000 or more per month (21.7%) is about 224% higher 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 804% lower than the aforementioned 94939 rate of 21.7%.
4

Are affordable rentals common in ZIP Code 94939?

Affordable rentals are less common in ZIP Code 94939 than in California overall. The percentage of housing rentals in ZIP Code 94939 costing $999 or less per month (9.8%) is approximately 54% 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 79% higher than the previously mentioned 94939 rate of 9.8%.
5

What is the most common cost range that rentals fall into in ZIP Code 94939?

The most common range for rental cost in ZIP Code 94939 is between $2,000 and $2,499 per month. About 32.0% of renters in 94939 pay in this range for monthly rent. In comparison, approximately 13.4% of renters in the state of California fall in the between $2,000 and $2,499 range, and 5.6% of overall U.S. renters fall in this range.
6

Does ZIP Code 94939 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 94939 is higher than the rental vacancy rate in the state of California overall. Rental vacancy of 6.4% in ZIP Code 94939 is about 78% higher than the California rate of 3.6%. Looking more broadly, rental vacancy in this Larkspur, CA region (6.4%) is an estimated 7% 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 94939? How does it compare to other California regions?

Median household income in ZIP Code 94939 is higher than in the state of California overall. Annual household income of $119,158 in ZIP Code 94939 is about 58% higher than the California median of $75,235. Additionally, median household income in this Larkspur, CA region ($119,158) is approximately 90% 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 94939 spend on housing costs?

Renters in ZIP Code 94939 spend a lower amount of their income on rent costs than do renters in California overall. Renters in ZIP Code 94939 spend an estimated 28.58% of their income on rent payments, which is about 8% 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 4% higher than the ZIP Code 94939 estimated rate of 28.58%.
9

Do renters in ZIP Code 94939 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 94939 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 94939 spending 30 percent or more of their income on rent costs (45.4%) 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 8% higher than the aforementioned 94939 rate of 45.4%.
10

What is the average household size of renter-occupied units in ZIP Code 94939?

The average household size of renter-occupied units in ZIP Code 94939 is lower than in the state of California overall. Annual household size of 1.80 in ZIP Code 94939 is about 38% lower than the California median of 2.88. Additionally, median household size in this Larkspur, CA region (1.80) is approximately 28% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other California ZIP Codes