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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 +11.1% YoY. inventory, +9.0% YoY, is the number to watch.
The median listing price is up 11.1% YoY while the median home got up 18.9% bigger, so value per square foot is up 6.9%.
U.S. Census ACS characteristics for ZIP 95240 itself, not its parent county.
Renters hold 49.0% of this ZIP's 16,064 occupied households, on a median household income of $82K.
| Measure | ZIP 95240 | San Joaquin County | Difference |
|---|---|---|---|
| Median Household Income | $82K | $92K | -$10K |
| Below Poverty Level | 14.4% | 12.4% | +2.0% |
| Median Age | 34.10 | 35.40 | -1.30 |
| Total Population | 50,517 | 797,334 | -- |
| Avg Household Size | 3.07 | 3.19 | -0.12 |
| Owner-Occupied | 51.0% | 62.0% | -11.0% |
| Worked From Home | 10.4% | 10.6% | -0.2% |
| Mean Commute | 25.30 | 34.10 | -8.80 |
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 up 1.3% to 797,334: residents under 18 are down 0.1% and those 65 and over are up 3.1%.
County median household income is $92K, 12.4% of residents are below the poverty level, 10.6% work from home.