HousingHandbookReference data

U.S. ZIP Code · CA95039

Monterey County · Salinas, CA

Typical home value

$1,087,306[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-5.3%
5-year / yr
+1.8%
10-year / yr
+4.9%

Relative price

vs U.S.
+282.8%
vs metro
+31.5%
vs state
+55.2%
ZIP 95039 location in CA
Location of ZIP 95039 in CA

Price history

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

The typical home in 95039 is worth $1,087,306 — 31.5% above the Salinas, CA median. Over the past year, values have fallen 5.3%. The effective property tax rate is 0.4%.

#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
0.4%[3]
Typical annual tax
$4,059[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
948[3]
Median household income
$49,410[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

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$5,498
Loan principal$869,844
Down payment$217,461
Total interest paid$1,109,439

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$6,739
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
17th percentile[1]
Rental yield
[2]
Property tax
4th percentile[3]

Frequently asked

How much is a home worth in ZIP code 95039?
The typical home in 95039 is worth $1,087,306, based on the Zillow Home Value Index.
Are home values rising in 95039?
Home values in 95039 are down 5.3% over the past year, and up 1.8% a year over five years.
What is the property tax rate in 95039?
The effective property tax rate in 95039 is 0.4% — roughly $4,059 a year on a typical home.
Who lives in 95039?
ZIP code 95039 has a population of 948 and a median household income of $49,410.

#Comparable ZIPs

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

  • Monterey, CA

    Typical home
    $1,154,285
    Gross yield
    2.9%
  • Marina, CA

    Typical home
    $1,180,719
    Gross yield
  • Prunedale CDP, CA

    Typical home
    $974,650
    Gross yield
  • Marina, CA

    Typical home
    $878,268
    Gross yield
    4.7%
  • Spreckels CDP, CA

    Typical home
    $859,461
    Gross yield
  • Prunedale CDP, CA

    Typical home
    $833,022
    Gross yield
    3.7%

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