San Diego, CA — income, home value, property tax, and sales tax.
In ZIP code 92093, part of San Diego, per-capita income stands at $7,629, a figure shaped largely by the student population tied to the local university. Property taxes in this county run at an effective 0.68% of home value, so a residence assessed at $700,000 would generate roughly $4,760 in annual taxes — a sum far beyond what most individuals here earn in a year. Combined with a 7.75% sales tax on purchases, the cost of living creates real pressure, and homeownership stays out of reach for many who live in this ZIP.