Berkeley city, CA

ZIP 94708 — Economy & Jobs

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Wealthy AreaLow Snow AreaRemote Work Hub

Income, employment, industries, and economic trends

Income & Economy in Berkeley city, CA (94708)

Median Income

$229,004

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+589

Wealth inflow

Population

11,967

Unemployment

4.6%

0.9pp above US avg

IRS migration statistics show a net inflow of about 589 for ZIP 94708 (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.

Economic Indicators

Unemployment

4.6%+25% vs US avg

Self-Employed

1.3%-78% vs US avg

SNAP Benefits

1.8%-84% vs US avg

204

Establishments

739

Employees

~4 per establishment — small businesses dominate

Professional services

Top Industry

Economic Distributions

Census ACS 5-Year (P0): occupation, industry, household income brackets.

Occupation

Industry

Agriculture, forestry, mining0.6%
Construction1.6%
Manufacturing3.4%
Wholesale trade1.8%
Retail trade4.8%
Transportation, utilities2.6%
Information4.2%
Finance, insurance, real estate4.4%
Professional, scientific, management27.9%
Education, health care, social33.7%
Arts, entertainment, food services7.1%
Other services4.5%
Public administration3.3%

Household Income

Historical Trends in 94708 (2020–Present)

Since 2020, population grew 0.6%, median income rose 1.0% (inflation-adjusted), home values increased 11.7%.

Median Income

$229,004

+205% vs US avg

Unemployment Rate