US5.com
  1. Home
  2. States
  3. California
  4. ZIP 94002
  5. Housing & Real Estate
Belmont city, CA

ZIP 94002 — Housing & Real Estate

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

Wealthy AreaLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 94002

Median Home Value
$2,000,001
Median Rent
$2,691
Affordability Snapshot
$551,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$12,847/mo PITI).

16%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

9.8x
Home Price-to-Income Ratio

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

61.9 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 94002 in Belmont city, CA, a household would need roughly $551,000 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 $12,847. That is about 169% above the local median household income ($204,573), 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

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
56.2%-14% vs US avg
x
Vacancy Rate
6.2%-40% vs US avg
x
Broadband Access
95.8%+10% vs US avg
x
4+ Bedrooms
4.4%-70% vs US avg
x
Built Pre-1939
7.1%-44% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
22.0%-56% vs US avg
x
Mortgage-Free
27.9%-27% vs US avg
x
$2,000,001
Home Value
$2,691
Rent
1966
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

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

  • 1-unit detached53.3%
  • 1-unit attached4.8%
  • 2-9 units9.5%
  • 10+ units31.7%
  • Mobile home & other0.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$2,000,001
Median rent$2,691
Owner-occupied56.2%
Vacant6.2%
Price-to-income9.8x
Est. income to buy$551,000