Zip 94601 (Oakland, CA) Economy


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Oakland, CA is an amazing city to live in. It has some of the best restaurants, culture, parks and amenities that you can find anywhere. The two bedroom rent in 94601 Oakland is around $2,070 whereas the US's average for 2 bedroom rent is $1,430. Grocery cost index in Oakland is 109 which is higher than the national average of 100. Some of the local companies and amenities to explore in Oakland include Blue Bottle Coffee, Hive Bazaar & Workshop, MacArthur Maze Park, Oracle Arena and Chabot Space & Science Center. There are also plenty of other options available such as cafes, bakeries, art galleries and shopping centers. All of these make 94601 Oakland an ideal place to live with endless possibilities for fun activities!

Oakland (zip 94601) has an unemployment rate of 7.7%. The US average is 6.0%.

Oakland (zip 94601) 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 94601)
- The Sales Tax Rate for Oakland (zip 94601) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Oakland (zip 94601) 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 94601)
- The average income of a Oakland (zip 94601) resident is $16,405 a year. The US average is $28,555 a year.
- The Median household income of a Oakland (zip 94601) resident is $54,972 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%
  $25,571$37,638
  $54,972$69,021
  $58,875$85,028
  Population by Occupation
  0.8%1.2%
  0.1%0.5%
  12.0%6.8%
  8.0%10.0%
  1.6%2.5%
  11.8%11.0%
  5.4%4.8%
  0.1%0.8%
  1.8%1.9%
  1.6%4.7%
  1.7%1.9%
  5.4%7.6%
  0.0%0.1%
  6.8%4.2%
  6.8%9.3%
  13.8%14.0%
  1.2%2.1%
  10.0%7.0%
  8.1%4.8%
  3.1%4.7%
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