Alameda County · California · West · 439k residents
Oakland, CA: economy, jobs & business costs
The site-selection read on Oakland: labor costs, talent, corporate tax, energy, and business activity, with the California median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,961/wk. California's corporate income tax rate is 8.84%. Commercial electricity averages 25.5¢/kWh.
Compare Oakland side by side
Avg. weekly wage
$1,961/wk
Corporate income tax
8.84%
Bachelor's degree or higher
48.7%
Commercial electricity
25.5¢/kWh
Economic momentum
How fast Oakland's economy is moving, ranked against the US cities we track.
29/100
Cooling
Ranks Oakland's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $929,900 |
| Price per sq. ft. | $470 |
| Property tax rate | 0.75% |
| 1-bedroom rent | $1,821/mo |
| 2-bedroom rent | $2,218/mo |
| State & local income tax | 2.09% |
| Sales tax | 8.8% |
| Corporate income tax | 8.84% |
| Avg. weekly wage | $1,961/wk |
| Bachelor's degree or higher | 48.7% |
| Commercial electricity | 25.5¢/kWh |
| Businesses per 1k residents | 46.6/1k |
| Wage: Software developer | $186,640 |
| Wage: Registered nurse | $186,610 |
| Wage: General manager | $149,990 |
| Wage: Customer service | $57,830 |
| Wage: Warehouse worker | $45,130 |
| Wage: Heavy truck driver | $66,450 |
| Wage: Electrician | $92,830 |
| Wage: Retail salesperson | $43,850 |
| Cost of living index | 151 |
| Groceries index | 112 |
| Utilities | $245/mo |
| Transit pass | $90/mo |
| Gas price | $4.80/gal |
| Healthcare index | 108 |
| Childcare (per child) | $1,450/mo |
| Median household income | $101,600 |
| Unemployment rate | 5.2% |
| Population | 439k |
| Crime index | 52/100 |
| School rating | 5.5/10 |
| Walkability | 42/100 |
| Disaster risk | 100/100 |
| Avg. commute | 29 min |
| Sunny days / year | 260 days |
| July high | 72°F |
| January low | 45°F |
| Annual snowfall | 0 in |
| Home price YoY | -6.2% |
| Home price MoM | 0.0% |
| Rent YoY | +6.3% |
| Rent MoM | +0.7% |
| Employment (jobs) YoY | -0.9% |
| Building permits YoY | -10.0% |
| Ocean coast | 16 mi |
| Big lake | 57 mi |
| Mountains | 18 mi |
| Major airport | 4 mi |
| Ski resort | 132 mi |
Popular comparisons
Nearby
- Alameda, CA · 77k
- San Leandro, CA · 88k
- Berkeley, CA · 120k
- Castro Valley, CA · 65k
- Walnut Creek, CA · 70k
Similar size
- Long Beach, CA · 456k
- Bakersfield, CA · 412k
- Sacramento, CA · 529k
- Anaheim, CA · 345k
- Fresno, CA · 546k
Real listings in Oakland
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Oakland a good place to run a business?
- California's corporate income tax rate is 8.84%; average weekly wages in the surrounding labor market run $1,961/wk; commercial electricity averages 25.5¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Oakland, CA?
- Oakland indexes at 151 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $2,218/mo and a acs median home value of $929,900.
- How much does a house cost in Oakland?
- The acs median home value in Oakland is $929,900 (Census ACS estimate; individual listings vary).
- How much is rent in Oakland?
- A two-bedroom in Oakland rents for about $2,218/mo.