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Carmichael CDP, CA

ZIP 95608 — Housing & Real Estate

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

Middle ClassLarge CommunityLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 95608

Median Home Value
$565,600
Median Rent
$1,381
Affordability Snapshot
$156,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,633/mo PITI).

20%
Rent-to-Income Ratio

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

6.8x
Home Price-to-Income Ratio

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

34.1 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 95608 in Carmichael CDP, CA, a household would need roughly $156,000 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 $3,633. That is about 87% above the local median household income ($83,638), 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

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
51.9%-21% vs US avg
x
Vacancy Rate
5.3%-48% vs US avg
x
Broadband Access
92.3%+6% vs US avg
x
4+ Bedrooms
2.6%-83% vs US avg
x
Built Pre-1939
2.7%-79% vs US avg
x
Built Post-2014
0.3%-95% vs US avg
x
Rent Burden >30%
27.5%-45% vs US avg
x
Mortgage-Free
37.9%-1% vs US avg
x
$565,600
Home Value
$1,381
Rent
1973
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

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

  • 1-unit detached54.0%
  • 1-unit attached8.1%
  • 2-9 units15.8%
  • 10+ units21.8%
  • Mobile home & other0.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$565,600
Median rent$1,381
Owner-occupied51.9%
Vacant5.3%
Price-to-income6.8x
Est. income to buy$156,000