Oakland, CA — income, home value, property tax, and sales tax.
In ZIP code 94608, near Oakland, households earn a median of $120,239, with per-capita income at $76,394. Homes here carry a median value of $849,600, and the county-level effective property tax rate of 0.78% means annual property taxes on such a home would run around $6,627. Sales tax adds up quickly at a combined 10.75%, so everyday purchases cost more than in many parts of the country. Together, these figures paint a picture of a higher-income area where housing values and transaction taxes both run well above national norms.
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