Zip 94603 (Oakland, CA) Economy


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Oakland in California’s 94603 zip code has an average 2 Bedroom Rent of $2,070 per month, which is higher than the US average 2 Bedroom rent of $1,430. The Grocery Cost Index for Oakland in 94603 is 108, slightly higher than the US index of 100. Local companies to this area include Impact Hub Oakland and Easy Breezy Eco Cleaners, both of which are based in Oakland. Impact Hub Oakland helps entrepreneurs bring their projects to life by providing resources such as networking and mentorship opportunities. Easy Breezy Eco Cleaners is a sustainable cleaning service that uses eco-friendly products to help reduce environmental impact. Both companies are committed to the growth and sustainability of the local community in 94603.

Oakland (zip 94603) has an unemployment rate of 7.7%. The US average is 6.0%.

Oakland (zip 94603) 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 94603)
- The Sales Tax Rate for Oakland (zip 94603) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Oakland (zip 94603) 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 94603)
- The average income of a Oakland (zip 94603) resident is $16,718 a year. The US average is $28,555 a year.
- The Median household income of a Oakland (zip 94603) resident is $60,068 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%
  $23,489$37,638
  $60,068$69,021
  $64,098$85,028
  Population by Occupation
  0.6%1.2%
  0.1%0.5%
  11.5%6.8%
  7.6%10.0%
  3.2%2.5%
  12.6%11.0%
  8.7%4.8%
  0.1%0.8%
  1.8%1.9%
  1.5%4.7%
  1.3%1.9%
  3.0%7.6%
  0.0%0.1%
  9.0%4.2%
  4.7%9.3%
  11.1%14.0%
  2.6%2.1%
  10.4%7.0%
  6.4%4.8%
  4.1%4.7%
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