ZIP Code 94603 — Oakland, California

The median home in 94603 is valued at $547,600 against a median household income of $64,656, a price-to-income ratio of 8.5. That is above the 6.7 median across the 1,558 California ZIP codes with published housing data, and well past the 3.0 ratio that marks an attainable market nationally, so buying here on a local median income requires substantial savings or a second income. Within Alameda County, 94603 ranks 30 of 47 ZIPs on affordability (1 = lowest ratio); the county median ratio is 7.9. Renting takes 32.9% of median household income (median rent $1,772 a month), above the 30% cost-burden threshold.

94603 ranks 1,171 of 1,558 statewide on median household income and 875 of 1,558 on median home value; its income is below the $125,410 Alameda County median. 45% of households own their home, below the 64% statewide ZIP median, so most residents rent. 18% of adults hold a bachelor's degree or higher, below the 31% median, and the poverty rate is 13.5%, above the 10.8% statewide ZIP median. Unemployment stands at 4.9%.

With 13,719 residents per square mile across 2.7 square miles of land, 94603 is far denser than the statewide ZIP median of 1,120 (rank 86 of 1,558). This is a mixed urban fabric of apartments, small-lot houses and commercial corridors.