How much is a home worth in ZIP code 95062?

The typical home in 95062 is worth $1,329,040, based on the Zillow Home Value Index.

Are home values rising in 95062?

Home values in 95062 are up 2.1% over the past year, and up 3.3% a year over five years.

What is the typical rent in 95062?

A typical home in 95062 rents for about $3,500 a month, a gross rental yield of 3.2%.

What is the property tax rate in 95062?

The effective property tax rate in 95062 is 0.6% — roughly $7,715 a year on a typical home.

ZIP code 95062 has a population of 35,607 and a median household income of $112,106.

HousingHandbookReference data

…

U.S. ZIP Code · CA95062

Santa Cruz County · Santa Cruz-Watsonville, CA

Typical home value

$1,329,040^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +2.1%
5-year / yr: +3.3%
10-year / yr: +4.9%

Relative price

vs U.S.: +367.9%
vs metro: +35.7%
vs state: +89.7%

Price history

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

The typical home in 95062 is worth $1,329,040 — 35.7% above the Santa Cruz-Watsonville, CA median. Over the past year, values have risen 2.1%. Homes here rent for a typical $3,500 a month — a 3.2% gross rental yield. The effective property tax rate is 0.6%.

#Rent & investment

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

Monthly rent: $3,500^[2]
Gross yield: 3.2%^[2]
Cap rate: 1.9%^[2]

#Property tax

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

Effective tax rate: 0.6%^[3]
Typical annual tax: $7,715^[3]

#Climate risk

FEMA National Risk Index ratings for Santa Cruz 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 Moderate
Drought: Relatively High
Heat wave: Relatively Moderate
Hurricane: Not Applicable
Tornado: Very Low
Earthquake: Relatively High
Winter weather: Relatively Low

#Who lives here

Population: 35,607^[3]
Median household income: $112,106^[3]

#Migration

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

Net migration: -1,243^[5]
Moved in: 5,417
Moved out: 6,660

Schools

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

Public schools: 14
Elementary: 7
Middle: 2
High: 3

Harbor High
High · Grades 9–12 · Santa Cruz City High
1,040 students
Shoreline Middle
Middle · Grades 6–8 · Live Oak Elementary
463 students
Branciforte Middle
Middle · Grades 6–8 · Santa Cruz City High
435 students
Live Oak Elementary
Elementary · Grades K–5 · Live Oak Elementary
362 students
Del Mar Elementary
Elementary · Grades K–5 · Live Oak Elementary
310 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.

Home value$Monthly rent$

Gross yield3.2%

Net yield (after ~40% expenses)1.9%

Annual rent$41,998

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.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$6,720

Loan principal$1,063,232

Down payment$265,808

Total interest paid$1,356,094

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.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio2.42

Monthly cost to own$8,470

Monthly rent$3,500

Renting is meaningfully cheaper month-to-month.

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: 63rd percentile^[1]
Rental yield: 38th percentile^[2]
Property tax: 20th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 95062?: The typical home in 95062 is worth $1,329,040, based on the Zillow Home Value Index.
Are home values rising in 95062?: Home values in 95062 are up 2.1% over the past year, and up 3.3% a year over five years.
What is the typical rent in 95062?: A typical home in 95062 rents for about $3,500 a month, a gross rental yield of 3.2%.
What is the property tax rate in 95062?: The effective property tax rate in 95062 is 0.6% — roughly $7,715 a year on a typical home.
Who lives in 95062?: ZIP code 95062 has a population of 35,607 and a median household income of $112,106.

#Comparable ZIPs

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

95073 vs 95062 →
Soquel CDP, CA
Typical home
$1,345,344
Gross yield
—
95003 vs 95062 →
Day Valley CDP, CA
Typical home
$1,355,348
Gross yield
3.9%
95065
Live Oak CDP, CA
Typical home
$1,363,617
Gross yield
—
95066
Scotts Valley, CA
Typical home
$1,287,037
Gross yield
3.6%
95060
Bonny Doon CDP, CA
Typical home
$1,389,865
Gross yield
3.1%
95010
Capitola, CA
Typical home
$1,251,970
Gross yield
3.2%

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#Jump to section

U.S. ZIP Code · CA95062

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