Oakland, CA — income, home value, property tax, and sales tax.
In ZIP code 94709, near Oakland, homes carry a median value of $1,375,000, and the county's 0.78% effective property tax rate works out to roughly $10,725 a year on such a home. Median household income sits at $89,054, so that tax bill would absorb a sizable share of earnings, even before a 10.25% combined sales tax adds to everyday costs. Per-capita income reaches $63,212. The gap between what homes cost and what households bring in shapes who can buy here and stay here.
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