Housing market/California/ZIP 95948

ACS 2023 · FY2027 SAFMR

ZIP 95948 Gridley, California

Yuba City, CA MSA · California. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
11,118
Households
3,721
Median HH income
$60,759
Renter share
43.9%
Median gross rent
$1,162
Vacancy
10.3%
Pop. change
-0.5%
2BR SAFMR
$1,470
SAFMR / rent
1.265×
2–49 unit stock
437
LIHTC proj / units
8 / 302
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 95948 · CA — sent to you.

ZIP 95948 · CA

ACS median rent$1,162
2BR SAFMR$1,470
90% floor$1,323
110% ceiling$1,617

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 95948

  • 1-unit detached3,33080.3%
  • 1-unit attached1162.8%
  • 2–4 units3057.4%
  • 5–49 units1323.2%
  • 50+ units300.7%
  • Mobile2365.7%
TypeUnitsShare
1-unit detached3,33080.3%
1-unit attached1162.8%
2 units (duplex)390.9%
3–4 units2666.4%
5–9 units942.3%
10–19 units240.6%
20–49 units140.3%
50+ units300.7%
Mobile2365.7%

2–4 unit share 7.4% · 5–49 unit share 3.2% · combined 2–49 10.5%.

Units by bedrooms

Studio
34
1BR
620
2BR
1,029
3BR
1,598
4BR
719
5+
149

Rent burden

Rent ≥30% of income39.2%
Rent ≥50% of income11.9%
  • ACS median gross rent $1,162 (all bedrooms, occupied rentals).
  • Median contract rent $917.
  • Renters paying ≥30% of income 39.2%; ≥50% 11.9%.
  • FY2027 2BR SAFMR $1,470 (1.265× ACS median gross rent).

Population

11,118 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -0.5%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 8 projects, 302 units.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 347 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 95948 43.9% of occupied households are renters; vacancy is 10.3%; ACS median gross rent is $1,162; population changed -0.5% between the 2018 and 2023 ACS vintages; the housing stock includes 305 units in 2–4-unit structures and 132 units in 5–49-unit structures; 8 LIHTC projects totaling 302 units; FY2027 2BR SAFMR is $1,470 versus ACS median gross rent of $1,162. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

California research

ZIP 95948 is a Census / HUD profile for Yuba City, CA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is California research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 95948?

ZIP 95948 (Yuba City, CA MSA) has 11,118 residents, 3,721 households, a renter share of 43.9%, median household income of $60,759, and ACS 2023 median gross rent of $1,162. Vacancy is 10.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 95948?

ACS counts 39 units in 2-unit buildings, 266 in 3–4 unit buildings, 94 in 5–9, 24 in 10–19, and 14 in 20–49. Combined 2–49 unit stock is 437 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 95948?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,470. See the full schedule and 90–110% payment-standard band on the ZIP 95948 — Gridley, CA HUD Section 8 Payment Standards / SAFMR.

Does this California ZIP profile include Georgia listings?

No. ZIP 95948 is Census / HUD research for Yuba City, CA MSA. Jeff Crowe CRE does not list California property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.