San Francisco-Oakland-Berkeley, CA · California

Alameda County

ZIP 94551

1.7M residents2,545 permits TTM$126,240 median HHI49 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$1,057,400

ACS 5-Year

Cap rate proxy

2.6%

FMR × 0.65 ÷ Home Value

Rent-to-income

22.0%

HUD FMR ÷ ACS HHI

Net migration

+2.44%

IRS SOI

Permits (TTM)

2,545

Census BPS

Climate risk

99.8

FEMA NRI (0–100)

ZIP 94551

Median home value

Gross yield

Buy Box score

0.1

Section 8 gap

Affordability

P/I: 7.9R/I: 29.9%

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown49 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
946210.8
946120.6
946030.6
946070.5
946080.4
946060.3
946010.2
946190.2
946050.2
945790.2
945800.2
945410.1
945780.1
945440.1
945770.1
95391$1,057,400$2,6103.0%0.112.6%
946090.1
945450.1
947100.1
945510.1
946020.1
945020.1
945460.1
94550$1,057,400$3,3003.7%0.142.4%
947040.1
945010.0
947020.0
945600.0
945520.0
946100.0
947060.0
945860.0
945680.0
947030.0
947090.0
945870.0
945420.0
945380.0
946110.0
945360.0
945880.0
945550.0
946180.0
945660.0
947070.0
947050.0
945390.0
94613
94720

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Demographics

Owner-occupied

54.1%

Census ACS

Vacancy rate

6.0%

Census ACS

Bachelor's degree +

51.5%

Census ACS

Rent burdened

47.7%

Census ACS (>30% income)

Median age

38.7

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026