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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 +2.8% YoY. inventory, +103.6% YoY, is the number to watch.
The median listing price is up 2.8% YoY while the median home got down 7.1% bigger, so value per square foot is up 2.5%.
U.S. Census ACS characteristics for ZIP 93458 itself, not its parent county.
Renters hold 57.1% of this ZIP's 14,085 occupied households, on a median household income of $75K.
| Measure | ZIP 93458 | Santa Barbara County | Difference |
|---|---|---|---|
| Median Household Income | $75K | $98K | -$23K |
| Below Poverty Level | 19.6% | 14.7% | +4.9% |
| Median Age | 27.20 | 34.60 | -7.40 |
| Total Population | 59,148 | 443,701 | -- |
| Avg Household Size | 4.15 | 2.81 | +1.34 |
| Owner-Occupied | 42.9% | 52.4% | -9.5% |
| Worked From Home | 3.5% | 13.4% | -9.9% |
| Mean Commute | 22.10 | 20.80 | +1.30 |
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.