Zip 94602 (Oakland, CA) Economy


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94602 Oakland, CA is an area known for its bustling residential areas and businesses. It has a cost of living index of 112, which is slightly higher than that of the US (100). The average 2 bedroom rent in this area is $2,090, higher than the national average of $1,430. Local companies in 94602 Oakland include the East Bay Times newspaper office, the Kaiser Permanente medical center, and several other stores and restaurants. For those seeking employment opportunities in this area, there are many available at these companies as well as small local businesses throughout 94602 Oakland.

Oakland (zip 94602) has an unemployment rate of 7.7%. The US average is 6.0%.

Oakland (zip 94602) has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 35.3%, which is higher than the US average of 33.5%.

Tax Rates for Oakland (zip 94602)
- The Sales Tax Rate for Oakland (zip 94602) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Oakland (zip 94602) is 9.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Oakland (zip 94602)
- The average income of a Oakland (zip 94602) resident is $41,544 a year. The US average is $28,555 a year.
- The Median household income of a Oakland (zip 94602) resident is $115,087 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOakland, CaliforniaUnited States
  7.76
  -9.0%-6.2%
  35.3%33.5%
  9.3%6.2%
  8.0%4.6%
  $62,322$37,638
  $115,087$69,021
  $142,776$85,028
  Population by Occupation
  0.2%1.2%
  0.1%0.5%
  3.7%6.8%
  6.1%10.0%
  1.7%2.5%
  8.4%11.0%
  3.7%4.8%
  0.9%0.8%
  4.3%1.9%
  3.5%4.7%
  2.8%1.9%
  17.8%7.6%
  0.1%0.1%
  3.8%4.2%
  11.4%9.3%
  13.7%14.0%
  3.1%2.1%
  3.7%7.0%
  6.9%4.8%
  4.2%4.7%
Reviews for Oakland
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Over 16 years ago

Vibrant family-oriented neighborhood with a fabulous elementary school and active aware  More

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