How much is a home worth in ZIP code 96001?

The typical home in 96001 is worth $386,772, based on the Zillow Home Value Index.

Are home values rising in 96001?

Home values in 96001 are down 1.0% over the past year, and up 2.9% a year over five years.

What is the typical rent in 96001?

A typical home in 96001 rents for about $1,541 a month, a gross rental yield of 4.8%.

What is the property tax rate in 96001?

The effective property tax rate in 96001 is 0.7% — roughly $2,586 a year on a typical home.

ZIP code 96001 has a population of 33,817 and a median household income of $72,484.

HousingHandbookReference data

…

U.S. ZIP Code · CA96001

Shasta County · Redding, CA

Typical home value

$386,772^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -1.0%
5-year / yr: +2.9%
10-year / yr: +5.1%

Relative price

vs U.S.: +36.2%
vs metro: +13.0%
vs state: -44.8%

Price history

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

The typical home in 96001 is worth $386,772 — 13.0% above the Redding, CA median. Over the past year, values have fallen 1.0%. Homes here rent for a typical $1,541 a month — a 4.8% gross rental yield. 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: $1,541^[2]
Gross yield: 4.8%^[2]
Cap rate: 2.9%^[2]

#Property tax

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

Effective tax rate: 0.7%^[3]
Typical annual tax: $2,586^[3]

#Climate risk

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

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

#Who lives here

Population: 33,817^[3]
Median household income: $72,484^[3]

#Migration

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

Net migration: -43^[5]
Moved in: 3,730
Moved out: 3,773

Schools

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

Public schools: 17
Elementary: 8
Middle: 1
High: 7

Shasta High
High · Grades 9–12 · Shasta Union High
1,284 students
University Preparatory
High · Grades 6–12 · University Preparatory District
1,016 students
Grant Elementary
Elementary · Grades K–8 · Grant Elementary
620 students
Manzanita Elementary
Elementary · Grades K–5 · Redding Elementary
562 students
Sequoia Middle
Middle · Grades 4–8 · Redding Elementary
433 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 yield4.8%

Net yield (after ~40% expenses)2.9%

Annual rent$18,492

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$1,956

Loan principal$309,417

Down payment$77,354

Total interest paid$394,645

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 ratio1.62

Monthly cost to own$2,494

Monthly rent$1,541

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: 95th percentile^[1]
Rental yield: 0th percentile^[2]
Property tax: 47th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 96001?: The typical home in 96001 is worth $386,772, based on the Zillow Home Value Index.
Are home values rising in 96001?: Home values in 96001 are down 1.0% over the past year, and up 2.9% a year over five years.
What is the typical rent in 96001?: A typical home in 96001 rents for about $1,541 a month, a gross rental yield of 4.8%.
What is the property tax rate in 96001?: The effective property tax rate in 96001 is 0.7% — roughly $2,586 a year on a typical home.
Who lives in 96001?: ZIP code 96001 has a population of 33,817 and a median household income of $72,484.

#Comparable ZIPs

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

96096 vs 96001 →
Whitmore CDP, CA
Typical home
$390,530
Gross yield
—
96002 vs 96001 →
Redding, CA
Typical home
$380,307
Gross yield
5.5%
96069
Oak Run CDP, CA
Typical home
$379,156
Gross yield
—
96003
Redding, CA
Typical home
$405,767
Gross yield
4.9%
96047
Ono CDP, CA
Typical home
$343,628
Gross yield
—
96007
Happy Valley CDP, CA
Typical home
$343,005
Gross yield
5.6%

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Pit ZIP 96001 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · CA96001

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