Pacific Grove, CA · standard

ZIP Code 93950

Monterey County, California - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

15,046
2,027/sq mi High-density area
$106,065
Median income Above-median income area
$1,190,400
Median home value Above-median home value
59.6%
Bachelor's or higher Above-average bachelor's attainment

National ZIP placement

Pacific Grove pairs an upper-quartile household income with top-decile home values, in a suburban-density, mixed-tenure area.

Top 15%
household income, US ZIPs
Top 1%
home value, US ZIPs
2,027
people per sq mi
50%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 93950 against every reporting US ZIP.

FHFA HPI release change

What changed in the latest House Price Index year

2023 -> 2024
  • FHFA House Price Index values in ZIP 93950 (Pacific Grove, CA) rose +7.7% from 2023 to 2024. The all-transactions index moved from 250.3 in 2023 to 269.5 in 2024 (2000 = 100).

Arithmetic difference between stored FHFA all-transactions ZIP House Price Index annual values - a developmental index from repeat sales and appraisals, not a transaction median, appraisal opinion, or forecast. Thin markets can move sharply.

National HPI changes Year-pair CSV

ZIP code 93950 is a mid-sized community (a standard USPS delivery area) in Pacific Grove, Monterey County, California, home to 15,046 residents across 7.4 square miles, a density of 2,027 people per square mile, in the Los Angeles time zone.

ZIP 93950 lands in the middle-income range, with a median household income of $106,065 (4% above the average California ZIP), while per-capita income is $67,896. The poverty rate is 7.6%, with unemployment at 5.3%; those measures add context to the income figure. Median home value is $1,190,400 (54% above the average California ZIP) and median rent is $2,455; 50.4% of occupied homes are owner-occupied.

This is a highly-educated ZIP: 59.6% of adults hold a bachelor's degree or higher, the median age is 51.2, and the average commute is 22 minutes. The page also surfaces 6 ZIP codes within roughly 10 miles and 6 more in Monterey County, so 93950 can be compared with both its immediate and county-level context.

Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →

View your shortlist → Compare ZIPs →

Top industries in ZIP 93950

Top 5 sectors by establishment count in Pacific Grove, CA

Which industries have the most business establishments in ZIP 93950.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 93950, Pacific Grove, CA · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.

Quick Facts

15,046

Population

7.4

Area (sq mi)

2,027

People / sq mi

Los Angeles

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 93950?

51.2

Median Age

46.1%

Male

53.9%

Female

13.8%

Foreign-Born

White 73.2%
African American 1.1%
Asian 7.8%
American Indian or Alaska Native 0.6%
Native Hawaiian or Pacific Islander 0.2%
Two or More Ethnicities 12.6%
Hispanic or Latino 13.0%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$106,065

Median Household Income

+4% vs state ZIP avg

$67,896

Per Capita Income

7.6%

Poverty Rate

5.3%

Unemployment Rate

22.1 min

Mean Commute Time

How ZIP 93950 ranks among California ZIPs

Pacific Grove, CA household income vs. every California ZIP code

Median household income among 1,583 reporting California ZIPs (this ZIP's population is too small for a reliable national-corpus placement)

$106,065 Top 37% higher than 63% of 1,583 California ZIPs

This ZIP $0 $200K+ every California ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more California ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 70.3%
Bachelor's Degree or Higher 59.6%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

8,286

Total Housing Units

6,992

Occupied Units

1,294

Vacant Units

2.08

Avg Household Size

Occupancy Type

Owner 50.4%
Renter 49.6%

$1,190,400

Median Home Value

+54% vs state ZIP avg

$2,455

Median Rent

1956

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+7.7%

YoY Change (2024)

269

HPI Index (2000 = 100)

+169%

Total Change Since 2000

Home values in ZIP 93950 have increased 7.7% over the past year (2024). Since 2000, this ZIP has seen +169% cumulative appreciation.

Year Annual Change HPI Index
2020 +0.1% 192
2021 +7.6% 207
2022 +13.6% 235
2023 +6.5% 250
2024 +7.7% 269

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 430 business establishments in ZIP 93950, employing approximately 3,487 people with a combined annual payroll of $165,490,000.

430

Businesses

3,487

Employees

$165.5M

Annual Payroll

15

Industry Sectors

Industry Establishments % of Total
Accommodation and food services 76 17.7%
Construction 63 14.7%
Health care and social assistance 51 11.9%
Professional, scientific, and technical services 50 11.6%
Other services (except public administration) 44 10.2%
Retail trade 38 8.8%
Real estate and rental and leasing 32 7.4%
Administrative and support and waste management and remediation services 20 4.7%
Finance and insurance 17 4.0%
Educational services 11 2.6%
Wholesale trade 6 1.4%
Information 6 1.4%
Arts, entertainment, and recreation 6 1.4%
Manufacturing 5 1.2%
Transportation and warehousing 3 0.7%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 93950 vs 93953 →

ZIP 93950 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 93950 ranks #4 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 93950 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 93950 ranks #2 of 6 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
93953 Pebble Beach, CA 4,509 2.5 mi
93921 Carmel By The Sea, CA 3,281 4.5 mi
93943 Monterey, CA 6 3.2 mi
93940 Monterey, CA 31,615 5.3 mi
93955 Seaside, CA 33,359 7.4 mi
93933 Marina, CA 22,406 9.0 mi

Nationwide ZIPs with similar ACS profiles

Two Census-derived peer sets for ZIP 93950, both outside CA so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).

Similar population

Nearest cross-state ZIPs by resident population (15,046 here; floor ≥1,000).

Similar median household income

Nearest cross-state ZIPs by ACS median household income.

More ZIP Codes in Monterey County

Frequently Asked Questions

What county is ZIP code 93950 in?

ZIP code 93950 (Pacific Grove) is located in Monterey County, California. Monterey County contains multiple ZIP codes, see the full list at /counties/monterey-ca.

What is the population of ZIP code 93950?

ZIP code 93950 in Pacific Grove, CA has a population of 15,046 according to the Census Bureau ACS 2023 estimates.

What is the median household income in ZIP 93950?

The median household income in ZIP 93950 is $106,065, which is 39% above the national average of $76,288.

What is the average home value in ZIP 93950?

The median home value in ZIP 93950 is $1,190,400, which is 328% above the national average of $278,155.

What is the demographic makeup of ZIP 93950?

The largest racial group in ZIP 93950 is White at 73.2%. Hispanic or Latino residents make up 13.0% of the population.

How many businesses are in ZIP code 93950?

ZIP code 93950 has 430 business establishments employing approximately 3,487 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.

What are the main industries in ZIP code 93950?

The top industries by establishment count in ZIP 93950 are: Accommodation and food services (76), Construction (63), Health care and social assistance (51). There are 15 industry sectors represented in total.

How have home values changed in ZIP code 93950?

According to the FHFA House Price Index, home values in ZIP 93950 increased by 7.7% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 169%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.

What is the education level in ZIP code 93950?

In ZIP code 93950, 70.3% of residents aged 25+ have a high school diploma or higher, and 59.6% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).

What is the average commute time in ZIP 93950?

The mean commute time for workers in ZIP code 93950 is 22.1 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.

What percentage of residents own vs. rent in ZIP 93950?

In ZIP code 93950, approximately 50.4% of occupied housing units are owner-occupied and 49.6% are renter-occupied, based on Census ACS 2023 data.

What is the poverty rate in ZIP code 93950?

The poverty rate in ZIP code 93950 is 7.6% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP 93950's figures come from ACS 5-Year Estimates, Census ZIP Code Business Patterns, and the FHFA House Price Index. See our methodology for details.

Related

Compare this ZIP with another

Read our methodology : how this data is sourced, computed, and verified.

Take this with you

What to do with ZIP 93950's numbers, next.

ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.