ZIP Code 95060

In ZIP code 95060, which covers Santa Cruz, households earn a median of $108,591, or $61,720 per person. Homes here are expensive: the median value is $1,207,200, so a mortgage on a median-priced house would run well above what most incomes can carry. Property taxes in the county run 0.64% of value, which on that median home comes to roughly $7,700 a year. Add a 9.50% sales tax on purchases, and the cost of living climbs further. High earnings help, but housing and taxes together strain many budgets.