Oakland, CA 94607 is a great place to live. The 2 bedroom rent in this area of Oakland is $2,090, which is much higher than the US average of $1,430. In terms of grocery cost index, Oakland stands at 110 compared to the US average of 100. This makes it a more expensive option for groceries. There are many local companies that operate in this area such as Kaiser Permanente, Clorox, Wells Fargo, and Dreyer's Grand Ice Cream. These companies offer competitive salaries and excellent benefits packages making them attractive options for those looking to move to the area.
Oakland (zip 94607) has an unemployment rate of 7.7%. The US average is 6.0%.
Oakland (zip 94607) 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 94607)
- The Sales Tax Rate for Oakland (zip 94607) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Oakland (zip 94607) 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 94607)
- The average income of a Oakland (zip 94607) resident is $26,192 a year. The US average is $28,555 a year.
- The Median household income of a Oakland (zip 94607) resident is $66,211 a year. The US average is $69,021 a year.