HousingHandbookReference data

U.S. ZIP Code · CA95948

Butte County · Chico, CA

Typical home value

$354,157[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.3%
5-year / yr
+3.1%
10-year / yr
+6.6%

Relative price

vs U.S.
+24.7%
vs metro
+5.6%
vs state
-49.4%
ZIP 95948 location in CA
Location of ZIP 95948 in CA

Price history

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

The typical home in 95948 is worth $354,157 — 5.6% above the Chico, CA median. Over the past year, values have risen 3.3%. 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
$2,387[3]

#Climate risk

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

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

#Who lives here

Population
11,200[3]
Median household income
$60,294[3]

#Migration

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

Net migration
+275[5]
Moved in
4,691
Moved out
4,416

Schools

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

Public schools
6
Elementary
3
Middle
1
High
2
  • Gridley High

    High · Grades 9–12 · Gridley Unified

    644 students

  • Wilson Elementary

    Elementary · Grades 2–5 · Gridley Unified

    559 students

  • Sycamore Middle

    Middle · Grades 6–8 · Gridley Unified

    448 students

  • Manzanita Elementary

    Elementary · Grades K–8 · Manzanita Elementary

    327 students

  • McKinley Elementary

    Elementary · Grades K–1 · Gridley Unified

    316 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$1,791
Loan principal$283,325
Down payment$70,831
Total interest paid$361,366

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$2,284
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
100th percentile[1]
Rental yield
[2]
Property tax
38th percentile[3]

Frequently asked

How much is a home worth in ZIP code 95948?
The typical home in 95948 is worth $354,157, based on the Zillow Home Value Index.
Are home values rising in 95948?
Home values in 95948 are up 3.3% over the past year, and up 3.1% a year over five years.
What is the property tax rate in 95948?
The effective property tax rate in 95948 is 0.7% — roughly $2,387 a year on a typical home.
Who lives in 95948?
ZIP code 95948 has a population of 11,200 and a median household income of $60,294.

#Comparable ZIPs

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

  • Biggs, CA

    Typical home
    $344,825
    Gross yield
  • Forest Ranch CDP, CA

    Typical home
    $372,805
    Gross yield
  • Paradise, CA

    Typical home
    $335,438
    Gross yield
    5.9%
  • Bangor CDP, CA

    Typical home
    $396,066
    Gross yield
  • Oroville East CDP, CA

    Typical home
    $311,952
    Gross yield
    6.6%
  • Concow CDP, CA

    Typical home
    $306,496
    Gross yield
    5.2%

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