ZIP code 94040: income, home prices and cost of living

The median household income in ZIP 94040 is $175,147, which is 97% above the California median of $88,743 and 155% above the national figure. The typical home is valued at $2,000,001, and the median rent is $2,878/month. 37.5% of households own their home.

Source: U.S. Census Bureau, American Community Survey (5-year). Latest observation ACS 2022.

Median household income

$175,147

California average
$88,74397%
National
$68,750155%

Median home value

$2,000,001

California average
$622,400221%
National
$209,600854%

Median gross rent

$2,878

California average
$1,79660%
National
$984192%

Median age

35.4 yrs

California average
38.8 yrs9%
National
41.0 yrs14%

Homeownership rate

37.5%

California average
62.0%40%
National
75.8%51%

Bachelor's degree or higher

30.4%

California average
21.1%44%
National
15.9%91%

How ZIP 94040 compares with California and the U.S.

State and national bars are the median across ZIP Code Tabulation Areas. Source: U.S. Census Bureau, American Community Survey (5-year), 2022.

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Homes in 94040 typically sell around $2,000,001. Compare what a vetted mortgage pro can actually offer you before you commit.

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Nearby ZIP codes in California

93292932919328693280932779327493270932689326793263

Or compare 94040 with 93292.

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What people search about ZIP 94040

Searches for the cost of living in 94040, the median household income in 94040, average rent in 94040 and home values in this part of California all come back to the same Census figures shown above. Use them alongside a mortgage payment estimate, a property tax estimate and a household budget before you compare this ZIP code with a neighbouring one.

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Methodology

Figures describe ZIP Code Tabulation Area 94040, the Census Bureau's statistical approximation of the ZIP code. Values are median estimates for the five-year period ending 2022.

State and national benchmarks are the median of all ZCTAs in that geography with at least 1,000 residents, computed by us from the same public dataset.

Sources: U.S. Census Bureau, American Community Survey (5-year). American Community Survey 5-year estimates, 2022.