ZIP Code 94063

ZIP code 94063, centered on Redwood City, sits firmly in affluent territory. A median household income of $116,760 and per-capita income of $56,166 place it well above national norms, while a median home value of $1,042,500 confirms a high-cost housing market. The county-level effective property tax rate of 0.61% is low by California standards, though it still translates into a substantial annual bill on a million-dollar home. Add a combined sales tax rate of 9.88%, and residents here face a tax environment shaped by expensive real estate and steep purchase costs rather than high income taxes.