HousingHandbookReference data

U.S. ZIP Code · CA93920

Monterey County · Salinas, CA

Typical home value

$1,789,741[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-2.5%
5-year / yr
+1.2%
10-year / yr
+2.1%

Relative price

vs U.S.
+530.0%
vs metro
+116.4%
vs state
+155.5%
ZIP 93920 location in CA
Location of ZIP 93920 in CA

Price history

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

The typical home in 93920 is worth $1,789,741 — 116.4% above the Salinas, CA median. Over the past year, values have fallen 2.5%. The effective property tax rate is 0.3%.

#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
0.3%[3]
Typical annual tax
$5,479[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
1,464[3]
Median household income
$76,542[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
1
Middle
0
High
0
  • Captain Cooper Elementary

    Elementary · Grades K–5 · Carmel Unified

    47 students

  • Pacific Valley (K-12)

    Other · Grades K–12 · Big Sur Unified

    17 students

  • Apple Pie Preschool

    Not reported · Grades M · Carmel Unified

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$9,050
Loan principal$1,431,793
Down payment$357,948
Total interest paid$1,826,173

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$11,004
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
0th percentile[1]
Rental yield
[2]
Property tax
0th percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 93920?
The typical home in 93920 is worth $1,789,741, based on the Zillow Home Value Index.
Are home values rising in 93920?
Home values in 93920 are down 2.5% over the past year, and up 1.2% a year over five years.
What is the property tax rate in 93920?
The effective property tax rate in 93920 is 0.3% — roughly $5,479 a year on a typical home.
Who lives in 93920?
ZIP code 93920 has a population of 1,464 and a median household income of $76,542.

#Comparable ZIPs

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

  • Carmel Valley Village CDP, CA

    Typical home
    $1,473,560
    Gross yield
  • Pacific Grove, CA

    Typical home
    $1,437,452
    Gross yield
    2.6%
  • Carmel-by-the-Sea, CA

    Typical home
    $2,365,253
    Gross yield
  • Marina, CA

    Typical home
    $1,180,719
    Gross yield
  • Monterey, CA

    Typical home
    $1,154,285
    Gross yield
    2.9%
  • Moss Landing CDP, CA

    Typical home
    $1,087,306
    Gross yield

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