US5.com
  1. Home
  2. States
  3. California
  4. ZIP 95948
  5. Housing & Real Estate
Gridley city, CA

ZIP 95948 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 95948

Median Home Value
$343,500
Median Rent
$917
Affordability Snapshot
$95,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,207/mo PITI).

18%
Rent-to-Income Ratio

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

5.7x
Home Price-to-Income Ratio

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

31.2 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 95948 in Gridley city, CA, a household would need roughly $95,000 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 $2,207. That is about 56% above the local median household income ($60,759), 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

Vacancy rate 10% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
56.1%-14% vs US avg
x
Vacancy Rate
10.3%+0% vs US avg
x
Broadband Access
89.4%+3% vs US avg
x
4+ Bedrooms
3.6%-76% vs US avg
x
Built Pre-1939
9.6%-25% vs US avg
x
Built Post-2014
0.6%-91% vs US avg
x
Rent Burden >30%
11.9%-76% vs US avg
x
Mortgage-Free
33.6%-12% vs US avg
x
$343,500
Home Value
$917
Rent
1970
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

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

  • 1-unit detached80.3%
  • 1-unit attached2.8%
  • 2-9 units9.6%
  • 10+ units1.6%
  • Mobile home & other5.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$343,500
Median rent$917
Owner-occupied56.1%
Vacant10.3%
Price-to-income5.7x
Est. income to buy$95,000