ZIP Code 94606 — Oakland city, CA Demographics & Data

ZIP code 94606 covers Oakland, CA in Alameda County with a population of about 38,746.

At a glance, the area shows median age of 37.5 (near the U.S. median).

It sits in telephone area codes 341, 510; U.S. House district CA-12; the SAN FRANCISCO - OAK - SAN JOSE media market.

Oakland, CA sits in a university / college context (near peralta community college system office (0.8 mi)). Expect stronger interest in student housing, rentals, walkability, transit, and a younger adult age mix versus typical suburban ZIPs.

Median household income in ZIP 94606 is about $70,769 — about 6% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 17.9%; unemployment rate near 6.9%; 39.7% of adults with a bachelor’s degree or higher (about 6.0 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Professional services, and Food services; about 18.8% of workers reporting work-from-home (about 3.6 points above the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $747,600 — about 115% above the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $1,643 (about 41% above the U.S. median rent ($1,163)), and owner-occupancy near 20.0% (about 45.4 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 94606 in Oakland, CA, a household would need roughly $206,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $4,802. That is about 191% above the local median household income ($70,769), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Oakland city, CA as Very High (composite score 99.8), which is among the highest nationally. The strongest component scores on US5 are flood (99.7) and wildfire (97.7). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Oakland city, CA show little to no average snow and around 22.6 inches of annual precipitation.

IRS migration statistics show a net inflow of about 1,907 for ZIP 94606 (Oakland 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.