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ZIP 88062 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Low Income Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 88062

Median Home Value
$141,700
Median Rent
$709
Affordability Snapshot
$39,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$910/mo PITI).

32%
Rent-to-Income Ratio

Above the 30% affordability threshold — housing cost-burdened area.

5.3x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

16.7 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 88062, a household would need roughly $39,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $910. That is about 46% above the local median household income ($26,648), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 38% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
48.0%-27% vs US avg
x
Vacancy Rate
38.1%+270% vs US avg
x
Broadband Access
76.0%-13% vs US avg
x
4+ Bedrooms
2.3%-85% vs US avg
x
Built Pre-1939
11.4%-11% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
44.8%-10% vs US avg
x
Mortgage-Free
63.4%+66% vs US avg
x
$141,700
Home Value
$709
Rent
1959
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached58.0%
  • 1-unit attached1.5%
  • 2-9 units16.6%
  • 10+ units0.0%
  • Mobile home & other23.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$141,700
Median rent$709
Owner-occupied48.0%
Vacant38.1%
Price-to-income5.3x
Est. income to buy$39,000