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Union City city, CA

ZIP 94587 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLarge CommunityLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 94587

Median Home Value
$1,058,200
Median Rent
$2,508
Affordability Snapshot
$291,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$6,798/mo PITI).

22%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

7.7x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

35.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 94587 in Union City city, CA, a household would need roughly $291,000 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 $6,798. That is about 112% above the local median household income ($137,194), 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.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
67.0%+3% vs US avg
x
Vacancy Rate
3.3%-68% vs US avg
x
Broadband Access
94.9%+9% vs US avg
x
4+ Bedrooms
6.5%-56% vs US avg
x
Built Pre-1939
1.4%-89% vs US avg
x
Built Post-2014
0.1%-98% vs US avg
x
Rent Burden >30%
18.1%-64% vs US avg
x
Mortgage-Free
32.0%-16% vs US avg
x
$1,058,200
Home Value
$2,508
Rent
1979
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached60.0%
  • 1-unit attached11.7%
  • 2-9 units8.0%
  • 10+ units15.1%
  • Mobile home & other5.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$1,058,200
Median rent$2,508
Owner-occupied67.0%
Vacant3.3%
Price-to-income7.7x
Est. income to buy$291,000