ZIP Code 93117

In ZIP code 93117, near Santa Barbara, homes carry a median value of $1,082,400 while households earn a median of $90,037. That gap means buying here demands far more income than most local families bring in. The county's 0.65% effective property tax rate looks gentle on paper, yet it still yields roughly $7,000 a year on a median-priced home — a real cost against $90,037 in earnings. Per-capita income sits at $41,336. Add a 7.75% combined sales tax, and daily expenses chip away further at what's left after housing.