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Oakland city, CA
ZIP 94608 — 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 Oakland city, CA (94608)
Median Income
$116,306
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,673
Wealth inflow
Population
33,998
Unemployment
6.1%
2.4pp above US avg
IRS migration statistics show a net inflow of about 1,673 for ZIP 94608 (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.
Historical Trends in 94608 (2020–Present)
Since 2020, population grew 7.7%, median income rose 3.2% (inflation-adjusted), home values increased 7.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $116,306 |
| Unemployment | 6.1% |
| Establishments | 1,228 |
| Employees | 34,469 |