HousingHandbookReference data

U.S. ZIP Code · CA95065

Santa Cruz County · Santa Cruz-Watsonville, CA

Typical home value

$1,363,617[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.1%
5-year / yr
+3.9%
10-year / yr
+4.9%

Relative price

vs U.S.
+380.0%
vs metro
+39.2%
vs state
+94.6%
ZIP 95065 location in CA
Location of ZIP 95065 in CA

Price history

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

The typical home in 95065 is worth $1,363,617 — 39.2% above the Santa Cruz-Watsonville, CA median. Over the past year, values have risen 2.1%. 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
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
0.6%[3]
Typical annual tax
$7,502[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
7,997[3]
Median household income
$153,222[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
3
Elementary
3
Middle
0
High
0
  • De Laveaga Elementary

    Elementary · Grades K–5 · Santa Cruz City Elementary

    507 students

  • Santa Cruz Gardens Elementary

    Elementary · Grades K–5 · Soquel Union Elementary

    204 students

  • Happy Valley Elementary

    Elementary · Grades K–6 · Happy Valley Elementary

    122 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$6,895
Loan principal$1,090,894
Down payment$272,723
Total interest paid$1,391,375

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$8,657
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
81st percentile[1]
Rental yield
[2]
Property tax
13th percentile[3]

Frequently asked

How much is a home worth in ZIP code 95065?
The typical home in 95065 is worth $1,363,617, based on the Zillow Home Value Index.
Are home values rising in 95065?
Home values in 95065 are up 2.1% over the past year, and up 3.9% a year over five years.
What is the property tax rate in 95065?
The effective property tax rate in 95065 is 0.6% — roughly $7,502 a year on a typical home.
Who lives in 95065?
ZIP code 95065 has a population of 7,997 and a median household income of $153,222.

#Comparable ZIPs

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

  • Day Valley CDP, CA

    Typical home
    $1,355,348
    Gross yield
    3.9%
  • Soquel CDP, CA

    Typical home
    $1,345,344
    Gross yield
  • Bonny Doon CDP, CA

    Typical home
    $1,389,865
    Gross yield
    3.1%
  • Santa Cruz, CA

    Typical home
    $1,329,040
    Gross yield
    3.2%
  • Scotts Valley, CA

    Typical home
    $1,287,037
    Gross yield
    3.6%
  • Lexington Hills CDP, CA

    Typical home
    $1,461,064
    Gross yield
    3.0%

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