ZIP Code 94940

In ZIP code 94940, near Novato, household finances show a sharp split between earned income and wealth tied up in property. Median household income sits at $47,021, while per-capita income reaches $82,401. Home values are extraordinary: the median is $2,000,001, and the county-level effective property tax rate of 0.66% translates into a substantial annual bill on a property at that level. Sales tax adds 8.25% to purchases. Together, these figures describe an area where housing costs and property taxes dominate the financial picture, and where sales tax applies to everyday spending.