Location: Siskiyou County, CA | Metro: Siskiyou County, CA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $900 |
| 1 Bedroom | $910 |
| 2 Bedrooms | $1,190 |
| 3 Bedrooms | $1,650 |
| 4 Bedrooms | $1,890 |
| 5 Bedrooms | $2,192 |
| 6 Bedrooms | $2,455 |
| 7 Bedrooms | $2,651 |
| 8 Bedrooms | $2,784 |
U.S. Census Bureau data (2024)
The ZIP code 96050, located in Hawaii County, Hawaii, stands out due to its unique mix of low population density and relatively high median home values. With only 413 residents, it has a rental rate of 13.8%, indicating that most residents own their homes. The median household income in this area is $40,909, which is lower than the national average but supports a median home value of $218,952. This suggests a community where homeownership is valued, even if incomes are modest.
From a Section 8 voucher perspective, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,090, significantly higher than the current market rent of $625 based on Census ACS data. This gap presents an opportunity for landlords who can meet the property standards required by the Housing Choice Voucher program. Landlords in ZIP 96050 can expect to receive the difference between the FMR and the tenant's portion of the rent, making it financially viable to accept vouchers despite the lower market rates.
The data signature for ZIP 96050 reads as stable, with a long-term trend toward maintaining high property values and a steady, albeit modest, income level. While the population is small, the established median home value indicates a mature housing market with little indication of rapid change. For small-portfolio investors, this stability means predictable returns and less risk compared to more volatile markets. However, the significant disparity between the FMR and market rent could indicate a transitional phase in rental affordability, influenced by the local economy and federal housing policies.
Given the economic context, landlords in ZIP 96050 should consider accepting Section 8 vouchers to capitalize on the higher FMR subsidy. This strategy can help fill vacancies and provide a reliable source of income, aligning with the overall stability of the area while also addressing the potential for transitional shifts in rental dynamics.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.