ZIP Code 94707 — Berkeley, California

The median home in 94707 is valued at $1,555,600 against a median household income of $186,579, a price-to-income ratio of 8.3. 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, 94707 ranks 27 of 47 ZIPs on affordability (1 = lowest ratio); the county median ratio is 7.9. Renting takes 13.6% of median household income (median rent $2,120 a month), under the 30% cost-burden threshold.

94707 ranks 67 of 1,558 statewide on median household income and 111 of 1,558 on median home value; its income is above the $125,410 Alameda County median. 86% of households own their home, above the 64% statewide ZIP median, making this a majority-owner ZIP. 86% of adults hold a bachelor's degree or higher, far above the 31% median, and the poverty rate is 3.8%, far below the 10.8% statewide ZIP median and among the lowest in the state. Unemployment stands at 3.8%.

With 6,998 residents per square mile across 1.8 square miles of land, 94707 is far denser than the statewide ZIP median of 1,120 (rank 298 of 1,558). This is predominantly single-family residential with suburban street patterns.