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San Francisco city, CA
ZIP 94123 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
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Income, employment, industries, and economic trends
Income & Economy in San Francisco city, CA (94123)
Median Income
$222,689
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,207
Wealth inflow
Population
24,518
Unemployment
2.8%
1.0pp below US avg
IRS migration statistics show a net inflow of about 1,207 for ZIP 94123 (San Francisco 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 94123 (2020–Present)
Since 2020, population declined 6.0%, median income rose 5.6% (inflation-adjusted), home values decreased 15.1%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $222,689 |
| Unemployment | 2.8% |
| Establishments | 1,125 |
| Employees | 9,873 |