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Merced city, CA

ZIP 95340 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 95340

Median Home Value
$383,200
Median Rent
$1,011
Affordability Snapshot
$106,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,462/mo PITI).

19%
Rent-to-Income Ratio

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

5.9x
Home Price-to-Income Ratio

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

31.6 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 95340 in Merced city, CA, a household would need roughly $106,000 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 $2,462. That is about 63% above the local median household income ($65,141), 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
56.3%-14% vs US avg
x
Vacancy Rate
6.9%-33% vs US avg
x
Broadband Access
93.9%+8% vs US avg
x
4+ Bedrooms
3.8%-75% vs US avg
x
Built Pre-1939
8.1%-37% vs US avg
x
Built Post-2014
1.8%-74% vs US avg
x
Rent Burden >30%
34.3%-31% vs US avg
x
Mortgage-Free
37.8%-1% vs US avg
x
$383,200
Home Value
$1,011
Rent
1973
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

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

  • 1-unit detached80.7%
  • 1-unit attached1.8%
  • 2-9 units10.3%
  • 10+ units6.4%
  • Mobile home & other0.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$383,200
Median rent$1,011
Owner-occupied56.3%
Vacant6.9%
Price-to-income5.9x
Est. income to buy$106,000