ZIP Code 94401

In ZIP code 94401, which takes in Redwood City, homes carry a median value of $1,184,500, while households bring in a median of $122,227 and per-capita income sits at $63,426. San Mateo County's 0.61% effective property tax rate works out to roughly $7,225 a year on that median home — about six percent of household earnings. Sales tax reaches 9.62% on purchases. Buying here means stretching income across an expensive market, though the county's low rate keeps the annual tax bill from climbing as steeply as home prices alone might imply.