Northeast Goleta Neighborhood Overview
Northeast Goleta is a neighborhood within the city of Goleta, California, primarily served by the 93117 ZIP code. The area is characterized by a market tier designated as Prime, indicating a stable and desirable residential market. The housing stock here has an average home size of approximately 1,075 square feet, offering a mix of living spaces for residents.
The housing market in Northeast Goleta presents a significant ownership barrier, with a median home value of $932,400. This is reflected in the homeownership rate of 38.1%, meaning a majority of households are renters, with a renter-occupied rate of 61.9%. The median gross rent is $1,936 per month. Recent mortgage data shows strong conventional lending activity, with 341 conventional originations out of a total of 360 HMDA loan originations, alongside 18 FHA and 1 VA loan.
With a median household income of $79,553, the neighborhood's income level sits notably below the high median home price, highlighting the affordability challenge in this prime market area. The dynamics between income, high home values, and a majority renter population define the current residential character of Northeast Goleta.
Top10Lists.us publishes verified neighborhood-level data for 29 neighborhoods in Goleta.