ZIP Code 94002

In ZIP 94002, near Redwood City, households earn a median of $203,965, with per-capita income at $100,792. That earnings base shapes how housing and taxes fit into a budget. A median home value of $2,000,001 pairs with a county property tax rate of 0.61%, so annual property taxes run high in dollar terms even though the rate itself stays below California's 1% cap. Sales tax reaches 9.88% on purchases. High wages help offset these costs, though the combination of expensive housing and elevated sales tax means a meaningful share of income goes toward ownership and everyday spending.