Oakland, CA — income, home value, property tax, and sales tax.
ZIP code 94707, in the Oakland area, ranks among the Bay Area's more affluent communities, with a median household income of $212,776 and per-capita income of $109,933. Homes here carry a median value of $1,649,300, and the county-level effective property tax rate of 0.78% translates into a substantial annual bill given those valuations. A combined sales tax rate of 10.25% adds further cost to everyday purchases. High earnings and steep housing prices define this ZIP's economic standing, and the tax obligations tied to owning property here are correspondingly large.
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