Oakland, CA — income, home value, property tax, and sales tax.
In ZIP code 94577, near Oakland, homes carry a median value of $856,100, and the county's 0.78% effective property tax rate works out to roughly $6,678 a year for a home at that price. With median household income at $108,772, that tax bill equals about 6% of annual earnings before any exemptions or deductions. Per-capita income sits at $53,118. A 10.25% combined sales tax adds to the cost of daily purchases, trimming what households can set aside for mortgage payments or upkeep on a home priced well above the national median.
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