ZIP Code 94607 — Oakland, California

The median home in 94607 is valued at $742,300 against a median household income of $77,701, a price-to-income ratio of 9.6. 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, 94607 ranks 35 of 47 ZIPs on affordability (1 = lowest ratio); the county median ratio is 7.9. Renting takes 27.0% of median household income (median rent $1,747 a month), under the 30% cost-burden threshold.

94607 ranks 930 of 1,558 statewide on median household income and 553 of 1,558 on median home value; its income is below the $125,410 Alameda County median. 34% of households own their home, below the 64% statewide ZIP median, so most residents rent. 46% of adults hold a bachelor's degree or higher, above the 31% median, and the poverty rate is 19.4%, far above the 10.8% statewide ZIP median. Unemployment stands at 6.8%.

With 4,579 residents per square mile across 5.9 square miles of land, 94607 is far denser than the statewide ZIP median of 1,120 (rank 475 of 1,558). This is predominantly single-family residential with suburban street patterns.