The story of this market
The typical home in ZIP 91505 sells for about $1,160,000, or $783 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 31 days to sell. HUD's fair market rent for a two-bedroom is $2,900 a month.
ZIP 91505 — Burbank
The 91505 housing market remains robust with high demand and limited inventory, keeping prices elevated. While interest rates have cooled some buyer activity, the area's strong employment base in the entertainment industry continues to support stable property values. Most data points are sourced from recent market reports and Census estimates.
This ZIP is ideal for entertainment industry professionals, families seeking stable school districts, and commuters who value proximity to major studios and central LA employment hubs.
Median prices moved up 2.5% year over year.
Homes spend a median of 31 days on market with 2.1 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.5% · poverty 4.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 91505, Los Angeles County, CA
Burbank generally reports lower crime rates compared to the broader Los Angeles metropolitan area, with property crime being the primary concern. The area is considered relatively safe for families and professionals.
Schools in the Burbank Unified School District are generally well-regarded, with many campuses maintaining high performance ratings and strong community support.
The area faces standard Southern California risks, including seismic activity and occasional wildfire smoke from regional events. Flood risk is generally low, though localized drainage issues can occur during heavy rains.
The economy is anchored by the entertainment industry, with major studios like Disney and Warner Bros. providing significant employment. Development momentum is focused on mixed-use projects and studio-related infrastructure.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (California) — Mello-Roos Community Facilities Act Special Parcel Tax Assessment: Levies an annual direct, non-ad valorem special tax directly on the parcel's secured property tax bill to fund designated community infrastructure (e.g., roads, sewer facilities, school facilities, emergency services) and repay municipal debt bonds. State (California) — California Homeowners' Property Tax Exemption: Reduces the taxable assessed value of the qualifying owner-occupied principal residence by $7,000 against the county assessment roll, generating a direct tax savings of approximately $70 annually (computed as $7,000 × 1% base rate). State (California) — California Proposition 13 Ad Valorem Real Property Tax: Establishes a base ad valorem tax rate capped at 1.0% of assessed value plus voter-approved local indebtedness and direct assessments (typically resulting in an effective tax rate of 1.1% to 1.25%). County (Los Angeles County, California) — County Assessment Roll: Requires all real property to be appraised by the County Assessor to establish an assessed value, which serves as the basis for all property tax levies.
Residents benefit from proximity to the I-5 and SR-134 freeways, providing access to major employment hubs in Hollywood, Downtown LA, and the San Fernando Valley. Public transit options include local bus lines and the Metrolink Burbank stations.
The area features access to numerous local parks, the Chandler Bikeway, and proximity to the Verdugo Mountains for hiking. Shopping and dining are concentrated along the Burbank Boulevard and Magnolia Park corridors.
The rental market is highly competitive with low vacancy rates, driven by demand from entertainment industry professionals. Short-term rentals are strictly regulated by the city of Burbank.
The economy is heavily reliant on the media and entertainment sector, with major employers including The Walt Disney Company and Warner Bros. Discovery. The area also supports a robust service and retail industry.
The area is served by the I-5 and SR-134 freeways, with Metrolink and Amtrak service available at the nearby Burbank Airport and Downtown stations.
Development is focused on infill projects and the revitalization of commercial corridors to support housing and studio growth.
Parcels are subject to Burbank Unified School District taxes and various Los Angeles County special district assessments for flood control and sanitation.
Property insurance premiums are rising due to regional wildfire risks and general market trends in California, requiring comprehensive coverage.
Data retrieved from US Census Bureau ZCTA 91505 profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Universal Studios Hollywood4.61.8 mi
- Universal CityWalk Hollywood4.61.9 mi
- Kidspace Children's Museum4.610.1 mi
- Round1 Bowling & Arcade - Burbank4.32.2 mi
- Sherman Oaks Castle Park4.47.3 mi
- Dodger Stadium4.78.3 mi
- SoFi Stadium4.614.4 mi
- Crypto.com Arena4.79.2 mi
- Rose Bowl Stadium4.49.9 mi
- Kia Forum4.514.1 mi
- Universal Studios Hollywood4.61.8 mi
- Griffith Observatory4.73.8 mi
- Dodger Stadium4.78.3 mi
- Hollywood Sign4.62.2 mi
- The Getty4.89.6 mi
- Griffith Observatory4.73.8 mi
- Santa Monica Pier4.613.9 mi
- Hollywood Sign4.62.2 mi
- The Getty4.89.6 mi
- Hollywood Walk of Fame44.2 mi
- Lake Hollywood Park4.72.5 mi
- Los Angeles Zoo4.33.1 mi
- Descanso Gardens4.78 mi
- Griffith Park4.73.2 mi
- MacArthur Park3.67.9 mi
- Rancho Park Golf Course & Driving Range4.29.2 mi
- Wilson & Harding Golf Courses4.23.2 mi
- Monterey Park Golf Club4.412.4 mi
- Scholl Canyon Golf Course4.28 mi
- Penmar Golf Course4.212.7 mi
- The Grove4.66.3 mi
- Westfield Century City4.58.4 mi
- Glendale Galleria4.54.9 mi
- Grand Central Market4.59.3 mi
- Westfield Culver City4.512.5 mi
- Los Angeles International Airport3.915.6 mi
- Hollywood Burbank Airport4.42.7 mi
- Long Beach Airport4.626.2 mi
- Van Nuys Airport4.69 mi
- Santa Monica Airport4.711.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
A popular multi-use path for walking and cycling.
Known for vintage shops, boutiques, and local dining.
Provides extensive hiking trails and scenic views.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.