Oakland, CA — income, home value, property tax, and sales tax.
In Oakland's 94621, the median home value of $543,700 meets a county effective property tax rate of 0.78%, which works out to roughly $4,240 a year in property taxes. With median household income at $52,049, that bill equals about 8% of a household's annual earnings before other costs. Per-capita income sits at $24,854. A combined sales tax rate of 10.75% adds further pressure on daily purchases. High home values alongside lower incomes mean owning property here demands a large share of what people earn.
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