Renters Local

Rental Insights for ZIP Code 96073 (Palo Cedro, CA)

Housing Rentals in ZIP Code 96073 (Palo Cedro, CA)

96073 ZIP Code in California

An In-depth Dive Into Housing Rentals in ZIP Code 96073

The 96073 ZIP Code is primarily located in Palo Cedro, CA in Shasta County. This region of California has a median housing rent payment of $2,150 per month. About 12.0% of housing units in this Shasta County ZIP Code are occupied by renters, while the region has an approximate rental vacancy rate of zero.

The median rent in ZIP Code 96073 of $2,150 per month is 43% higher than the aggregate California median monthly rent of $1,503, and is 102% higher than the $1,062 the median monthly rent in the U.S. overall. An estimated 61.1% of residents in ZIP Code 96073 have a monthly rent payment between $2,000 and $2,499. That is 356% 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 1.8% of renters in this Palo Cedro, CA region pay between $1,000 and $1,499 per month for rent.

ZIP Code 96073 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 96073

See the chart below for a comparison of monthly rental costs in ZIP Code 96073, California, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 96073 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 96073

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

Cost ZIP 96073 California U.S.
Less than $500 0.0% 4.9% 9.4%
$500 to $999 13.2% 16.5% 36.2%
$1,000 to $1,499 1.8% 28.6% 30.0%
$1,500 to $1,999 16.8% 23.2% 14.0%
$2,000 to $2,499 61.1% 13.4% 5.6%
$2,500 to $2,999 7.2% 6.9% 2.4%
$3,000 or more 0.0% 6.7% 2.4%

Rent Cost vs. Income in ZIP Code 96073

Renters in ZIP Code 96073 use an estimated 27.74% of their income to cover their monthly rent payments. That is about 11% 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 96073 renters use about 7% less of their income to cover rent expense. Household income figures for ZIP Code 96073 come in higher than in California as a whole. The median annual household income in ZIP Code 96073 of $92,222 sits approximately 23% higher than the overall California median income of $75,235 and approximately 47% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 96073

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 96073, 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 96073 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 96073

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

Rent Cost as % of Income ZIP 96073 California U.S.
Less than 15.0 percent 8.4% 10.3% 13.1%
15.0 to 19.9 percent 39.5% 11.2% 12.9%
20.0 to 24.9 percent 3.0% 12.2% 12.9%
25.0 to 29.9 percent 2.4% 11.5% 11.6%
30.0 to 34.9 percent 12.0% 9.6% 9.1%
35.0 percent or more 34.7% 45.2% 40.5%

Household Income in ZIP Code 96073

See the table below for the regional comparison of annual household income in ZIP Code 96073.

Income ZIP 96073 California U.S.
Less than $10,000 4.7% 4.8% 6.0%
$10,000 to $14,999 0.2% 4.1% 4.3%
$15,000 to $24,999 4.9% 7.5% 8.9%
$25,000 to $34,999 7.8% 7.5% 8.9%
$35,000 to $49,999 8.6% 10.5% 12.3%
$50,000 to $74,999 15.0% 15.5% 17.2%
$75,000 to $99,999 12.5% 12.4% 12.7%
$100,000 to $149,999 25.5% 16.6% 15.1%
$150,000 to $199,999 13.1% 8.9% 6.8%
$200,000 or more 7.6% 12.2% 7.7%

Household Income in ZIP Code 96073

See the chart below for a comparison of annual household income figures in ZIP Code 96073, California, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 96073 alongside the same figures for the state of California and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 96073

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 96073.

ZIP 96073 California U.S.
Median Housing Rent $2,150 $1,503 $1,062
Renter-Occupied Housing Units 12.0% 45.2% 36.0%
Rental Vacancy Rate 0.0% 3.6% 6.0%
Average Size of Renter-Occupied Unit 2.98 2.88 2.49
Average # of Bedrooms Per Unit 3.26 2.63 2.75
Percent of Income Spent on Rent 27.74% 31.23% 29.83%
Per Capita Income $42,795 $36,955 $34,103
Median Household Income $115,820 $106,916 $88,607
Living Below the Poverty Line 5.5% 9.6% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 96073

In ZIP Code 96073 (Palo Cedro, CA), and estimated 12.0% of housing units are occupied by renters. This region has an approximate rental vacany rate of 0.0%.

The per capita income in 96073 is estimated at $42,795, which goes along with an estimated median household income of $115,820. About 5.5% of residents in this Shasta County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.98 occupants, while the units have an aggregate average size of 3.26 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 27.74% of their income on housing rental costs.

Rental FAQs for ZIP Code 96073

1

What is the median monthly rent in ZIP Code 96073?

Median rent for housing in ZIP Code 96073 in Shasta County in California is approximately $2,150 per month.
2

Is it expensive to rent in ZIP Code 96073?

Rent in ZIP Code 96073 is higher than average in the state of California overall. The median monthly rent of $2,150 in ZIP Code 96073 is approximately 43% higher than the California median of $1,503. Additionally, median rent in this Palo Cedro, CA region ($2,150) is about 102% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 96073?

High-priced rentals are not common in the Palo Cedro, CA ZIP Code of 96073, 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 96073?

Affordable rentals are less common in ZIP Code 96073 than in California overall. The percentage of housing rentals in ZIP Code 96073 costing $999 or less per month (13.2%) is approximately 38% 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 96073 rate of 13.2%.
5

What is the most common cost range that rentals fall into in ZIP Code 96073?

The most common range for rental cost in ZIP Code 96073 is between $2,000 and $2,499 per month. About 61.1% of renters in 96073 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 96073 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 96073 is lower than the rental vacancy rate in the state of California overall. Rental vacancy of 0.0% in ZIP Code 96073 is about 100% lower than the California rate of 3.6%. Looking more broadly, rental vacancy in this Palo Cedro, 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 96073? How does it compare to other California regions?

Median household income in ZIP Code 96073 is higher than in the state of California overall. Annual household income of $92,222 in ZIP Code 96073 is about 23% higher than the California median of $75,235. Additionally, median household income in this Palo Cedro, CA region ($92,222) is approximately 47% 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 96073 spend on housing costs?

Renters in ZIP Code 96073 spend a lower amount of their income on rent costs than do renters in California overall. Renters in ZIP Code 96073 spend an estimated 27.74% of their income on rent payments, which is about 11% 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 7% higher than the ZIP Code 96073 estimated rate of 27.74%.
9

Do renters in ZIP Code 96073 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 96073 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 96073 spending 30 percent or more of their income on rent costs (46.7%) 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 96073 rate of 46.7%.
10

What is the average household size of renter-occupied units in ZIP Code 96073?

The average household size of renter-occupied units in ZIP Code 96073 is higher than in the state of California overall. Annual household size of 2.98 in ZIP Code 96073 is about 3% higher than the California median of 2.88. Additionally, median household size in this Palo Cedro, CA region (2.98) is approximately 20% higher than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other California ZIP Codes