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Redwood City city, CA
ZIP 94063 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Upper Middle ClassLow Snow AreaRemote Work Hub
Income, employment, industries, and economic trends
Income & Economy in Redwood City city, CA (94063)
Median Income
$115,528
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,707
Wealth inflow
Population
34,695
Unemployment
3.4%
0.3pp below US avg
IRS migration statistics show a net inflow of about 1,707 for ZIP 94063 (Redwood City city, CA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 94063 (2020–Present)
Since 2020, population declined 3.9%, median income rose 22.2% (inflation-adjusted), home values decreased 1.8%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $115,528 |
| Unemployment | 3.4% |
| Establishments | 1,545 |
| Employees | 37,534 |