ZIP comparison · Salinas, CA

93908 vs 93940

Side-by-side comparison of two ZIP codes — typical home value, rent, yield, taxes, schools, and demographics. The greener number on each row signals which ZIP comes out ahead on that metric.

MetricZIP93908Marina, CAZIP93940Monterey, CA
Home value
Typical home valueBetter: $1,180,719$1,154,285
1-year appreciationBetter: +0.6%-3.2%
5-year CAGRBetter: +4.2%+3.4%
10-year CAGRBetter: +5.3%+4.8%
Rent & investment
Monthly rent$2,764
Gross yield2.9%
Cap rate1.7%
Property tax
Effective tax rate0.7%Better: 0.6%
Typical annual tax$7,770Better: $7,332
Demographics
Population12,45030,605
Median household incomeBetter: $156,394$106,044
Climate & migration
Overall risk (FEMA NRI)Relatively HighRelatively High
Net migration-2,414-2,414
Schools
Public schools65
Students enrolled1,1143,217