ZIP Code 92516 — undefined, undefined Demographics & Data

ZIP code 92516 covers ZIP 92516 with a population of about 5,005.

At a glance, the area shows median age of 32.7 versus a U.S. median of about 38.9.

It sits in the PALM SPRINGS media market.

Median household income in ZIP 92516 is about $81,161 — about 8% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 15.7%; unemployment rate near 6.9%; 27.9% of adults with a bachelor’s degree or higher (about 5.8 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Education, Healthcare, and Transportation; about 6.4% of workers reporting work-from-home (about 8.8 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $538,700 — about 55% above the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $1,357 (about 17% above the U.S. median rent ($1,163)), and owner-occupancy near 65.4% (roughly in line with the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 92516, a household would need roughly $148,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,460. That is about 82% above the local median household income ($81,161), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.