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A tight-supply market with no rental pool to price against. Demand is visible here; the rent math is not.
What would change this read: the median listing price is +19.0% YoY. inventory, +66.2% YoY, is the number to watch.
The median listing price is up 19.0% YoY while the median home got up 4.5% bigger, so value per square foot is down 0.7%.
U.S. Census ACS characteristics for ZIP 93454 itself, not its parent county.
Renters hold 47.7% of this ZIP's 12,050 occupied households, on a median household income of $82K.
| Measure | ZIP 93454 | Santa Barbara County | Difference |
|---|---|---|---|
| Median Household Income | $82K | $98K | -$17K |
| Below Poverty Level | 16.5% | 14.7% | +1.8% |
| Median Age | 30.90 | 34.60 | -3.70 |
| Total Population | 41,896 | 443,701 | -- |
| Avg Household Size | 3.42 | 2.81 | +0.61 |
| Owner-Occupied | 52.3% | 52.4% | -0.1% |
| Worked From Home | 5.1% | 13.4% | -8.3% |
| Mean Commute | 22.50 | 20.80 | +1.70 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is down 0.1% to 443,701: residents under 18 are down 0.2% and those 65 and over are up 2.4%.
County median household income is $98K, 14.7% of residents are below the poverty level, 13.4% work from home.