HousingHandbookReference data

U.S. ZIP Code · CA93451

Monterey County · Salinas, CA

Typical home value

$623,592[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.1%
5-year / yr
+4.6%
10-year / yr
+5.9%

Relative price

vs U.S.
+119.5%
vs metro
-24.6%
vs state
-11.0%
ZIP 93451 location in CA
Location of ZIP 93451 in CA

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 93451 is worth $623,592 — 24.6% below the Salinas, CA median. Over the past year, values have risen 1.1%. The effective property tax rate is 0.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.7%[3]
Typical annual tax
$4,445[3]

#Climate risk

FEMA National Risk Index ratings for Monterey County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively High[4]
Riverine flood
Relatively High
Coastal flood
Relatively Low
Wildfire
Relatively High
Drought
Very High
Heat wave
Relatively Moderate
Hurricane
Not Applicable
Tornado
Relatively Low
Earthquake
Relatively High
Winter weather
Very Low

#Who lives here

Population
5,207[3]
Median household income
$98,188[3]

#Migration

Household moves in and out of Monterey County over a year, from IRS tax-return data.

Net migration
-2,414[5]
Moved in
6,935
Moved out
9,349

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
3
Elementary
3
Middle
0
High
0
  • Lillian Larsen Elementary

    Elementary · Grades K–8 · San Miguel Joint Union

    427 students

  • Pleasant Valley Elementary

    Elementary · Grades K–6 · Pleasant Valley Joint Union Elementary

    50 students

  • Parkfield Elementary

    Elementary · Grades K–6 · Shandon Joint Unified

    10 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$3,153
Loan principal$498,873
Down payment$124,718
Total interest paid$636,285

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$4,042
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
83rd percentile[1]
Rental yield
[2]
Property tax
71st percentile[3]

Frequently asked

How much is a home worth in ZIP code 93451?
The typical home in 93451 is worth $623,592, based on the Zillow Home Value Index.
Are home values rising in 93451?
Home values in 93451 are up 1.1% over the past year, and up 4.6% a year over five years.
What is the property tax rate in 93451?
The effective property tax rate in 93451 is 0.7% — roughly $4,445 a year on a typical home.
Who lives in 93451?
ZIP code 93451 has a population of 5,207 and a median household income of $98,188.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Soledad, CA

    Typical home
    $635,307
    Gross yield
  • Gonzales, CA

    Typical home
    $636,640
    Gross yield
  • Oak Shores CDP, CA

    Typical home
    $652,909
    Gross yield
  • Salinas, CA

    Typical home
    $667,697
    Gross yield
    4.7%
  • Elkhorn CDP, CA

    Typical home
    $688,480
    Gross yield
  • Greenfield, CA

    Typical home
    $552,701
    Gross yield

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