Housing market/California/ZIP 95959

ACS 2023 · FY2027 SAFMR

ZIP 95959 Nevada City, Nevada County, California

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

Population
18,017
Households
7,256
Median HH income
$79,509
Renter share
22.6%
Median gross rent
$1,715
Vacancy
17.9%
Pop. change
+0.6%
2BR SAFMR
$1,970
SAFMR / rent
1.149×
2–49 unit stock
395
LIHTC proj / units
1 / 51
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 95959 · CA — sent to you.

ZIP 95959 · CA

ACS median rent$1,715
2BR SAFMR$1,970
90% floor$1,773
110% ceiling$2,167

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

Housing stock

ACS 2023 units-in-structure · ZCTA 95959

  • 1-unit detached7,97090.6%
  • 1-unit attached2242.5%
  • 2–4 units3293.7%
  • 5–49 units660.8%
  • 50+ units140.2%
  • Mobile1932.2%
TypeUnitsShare
1-unit detached7,97090.2%
1-unit attached2242.5%
2 units (duplex)1461.7%
3–4 units1832.1%
5–9 units500.6%
10–19 units160.2%
20–49 units00.0%
50+ units140.2%
Mobile1932.2%

2–4 unit share 3.7% · 5–49 unit share 0.7% · combined 2–49 4.5%.

Units by bedrooms

Studio
193
1BR
640
2BR
2,791
3BR
3,657
4BR
1,392
5+
167

Rent burden

Rent ≥30% of income46.6%
Rent ≥50% of income31.1%
  • ACS median gross rent $1,715 (all bedrooms, occupied rentals).
  • Median contract rent $1,333.
  • Renters paying ≥30% of income 46.6%; ≥50% 31.1%.
  • FY2027 2BR SAFMR $1,970 (1.149× ACS median gross rent).

Population

18,017 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +0.6%.

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

Assisted inventory

  • LIHTC: 1 projects, 51 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 0 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 95959 22.6% of occupied households are renters; vacancy is 17.9%; ACS median gross rent is $1,715; population increased +0.6% between the 2018 and 2023 ACS vintages; the housing stock includes 329 units in 2–4-unit structures and 66 units in 5–49-unit structures; 1 LIHTC projects totaling 51 units; FY2027 2BR SAFMR is $1,970 versus ACS median gross rent of $1,715. 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 95959 is a Census / HUD profile for Nevada County, 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 95959?

ZIP 95959 (Nevada County, CA) has 18,017 residents, 7,256 households, a renter share of 22.6%, median household income of $79,509, and ACS 2023 median gross rent of $1,715. Vacancy is 17.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 95959?

ACS counts 146 units in 2-unit buildings, 183 in 3–4 unit buildings, 50 in 5–9, 16 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 395 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 95959?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,970. See the full schedule and 90–110% payment-standard band on the ZIP 95959 — Nevada City, CA HUD Section 8 Payment Standards / SAFMR.

Does this California ZIP profile include Georgia listings?

No. ZIP 95959 is Census / HUD research for Nevada County, CA. 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.