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Berkeley city, CA
ZIP 94704 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Working ClassLow Snow AreaRemote Work Hub
Income, employment, industries, and economic trends
Income & Economy in Berkeley city, CA (94704)
Median Income
$52,105
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,202
Wealth inflow
Population
24,427
Unemployment
8.8%
5.1pp above US avg
IRS migration statistics show a net inflow of about 1,202 for ZIP 94704 (Berkeley 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 94704 (2020–Present)
Since 2020, population declined 17.2%, median income fell 5.3% (inflation-adjusted), home values decreased 13.5%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $52,105 |
| Unemployment | 8.8% |
| Establishments | 940 |
| Employees | 11,484 |