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Redding city, CA

ZIP 96002 — 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 96002

Median Home Value
$347,500
Median Rent
$1,046
Affordability Snapshot
$96,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,232/mo PITI).

17%
Rent-to-Income Ratio

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

4.7x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

27.7 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 96002 in Redding city, CA, a household would need roughly $96,000 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 $2,232. That is about 29% above the local median household income ($74,230), 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
61.5%-6% vs US avg
x
Vacancy Rate
5.5%-46% vs US avg
x
Broadband Access
90.5%+4% vs US avg
x
4+ Bedrooms
1.4%-90% vs US avg
x
Built Pre-1939
1.6%-87% vs US avg
x
Built Post-2014
0.1%-98% vs US avg
x
Rent Burden >30%
19.6%-61% vs US avg
x
Mortgage-Free
38.5%+1% vs US avg
x
$347,500
Home Value
$1,046
Rent
1980
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 detached69.1%
  • 1-unit attached2.5%
  • 2-9 units16.0%
  • 10+ units5.1%
  • Mobile home & other7.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$347,500
Median rent$1,046
Owner-occupied61.5%
Vacant5.5%
Price-to-income4.7x
Est. income to buy$96,000