The 2 bedroom rent in Oakland, CA is $2,380 which is significantly higher than the US average of $1,430. Additionally, the Grocery Cost Index in Oakland is 111 versus 100 in the US. The city of Oakland has a rich diversity of local businesses that have become an integral part of its culture. Some notable ones include Blue Bottle Coffee, Urban Ore West Berkeley Recycling Center, and the popular restaurant, Brown Sugar Kitchen. Blue Bottle Coffee is an independent coffee roaster and retailer that offers specialty coffee beverages from around the world. Urban Ore West Berkeley Recycling Center specializes in repurposing secondhand materials into sustainable products like furniture and clothes. Lastly, Brown Sugar Kitchen is a soul food restaurant serving up dishes such as fried chicken & biscuits with honey butter. All these companies are unique to Oakland and contribute to its vibrant culture and economy.
Oakland (zip 94612) has an unemployment rate of 7.7%. The US average is 6.0%.
Oakland (zip 94612) 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 94612)
- The Sales Tax Rate for Oakland (zip 94612) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Oakland (zip 94612) 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 94612)
- The average income of a Oakland (zip 94612) resident is $29,220 a year. The US average is $28,555 a year.
- The Median household income of a Oakland (zip 94612) resident is $65,536 a year. The US average is $69,021 a year.