Median home value is about $746,000 — about 114% above the U.S. median home value ($348,079).
Housing tenure and rents show median gross rent around $2,206 (about 90% above the U.S. median rent ($1,163)), and owner-occupancy near 73.8% (about 8.3 points above the national owner-occupancy rate (65.4%)).
To comfortably buy a median-priced home in ZIP 93063 in Simi Valley, CA, a household would need roughly $205,000 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 $4,792. That is about 65% above the local median household income ($124,030), 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.