ZIP Code 94062

Households in ZIP code 94062, near Redwood City, report a median income of $233,262, with per-capita income at $139,495. That earning power meets a housing market where the median home value reaches $2,000,001, and the county's 0.61% effective property tax rate translates into a substantial annual bill on such property. A combined sales tax rate of 9.88% applies to purchases made locally. High wages here support both steep home prices and everyday costs, though the property tax alone claims a meaningful share of annual earnings before other expenses enter the picture.