HousingHandbookReference data

U.S. ZIP Code · CA94304

Santa Clara County · San Jose-Sunnyvale-Santa Clara, CA

Typical home value

$3,310,286[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.7%
5-year / yr
+6.1%
10-year / yr
+3.3%

Relative price

vs U.S.
+1,065.3%
vs metro
+100.2%
vs state
+372.5%
ZIP 94304 location in CA
Location of ZIP 94304 in CA

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 94304 is worth $3,310,286 — 100.2% above the San Jose-Sunnyvale-Santa Clara, CA median. Over the past year, values have risen 2.7%. The effective property tax rate is 0.9%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.9%[3]
Typical annual tax
$31,440[3]

#Climate risk

FEMA National Risk Index ratings for Santa Clara County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Very High[4]
Riverine flood
Very High
Coastal flood
Relatively High
Wildfire
Relatively Moderate
Drought
Relatively High
Heat wave
Relatively High
Hurricane
Not Applicable
Tornado
Relatively Low
Earthquake
Very High
Winter weather
Very Low

#Who lives here

Population
5,000[3]
Median household income
$154,141[3]

#Migration

Household moves in and out of Santa Clara County over a year, from IRS tax-return data.

Net migration
-9,835[5]
Moved in
43,577
Moved out
53,412

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
1
Elementary
0
Middle
0
High
0
  • Packard Children's Hospital/Stanford

    Other · Grades K–12 · Palo Alto Unified

    20 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$16,739
Loan principal$2,648,229
Down payment$662,057
Total interest paid$3,377,670

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$22,118
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
81st percentile[1]
Rental yield
[2]
Property tax
98th percentile[3]

Frequently asked

How much is a home worth in ZIP code 94304?
The typical home in 94304 is worth $3,310,286, based on the Zillow Home Value Index.
Are home values rising in 94304?
Home values in 94304 are up 2.7% over the past year, and up 6.1% a year over five years.
What is the property tax rate in 94304?
The effective property tax rate in 94304 is 0.9% — roughly $31,440 a year on a typical home.
Who lives in 94304?
ZIP code 94304 has a population of 5,000 and a median household income of $154,141.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Stanford CDP, CA

    Typical home
    $3,295,415
    Gross yield
  • Cupertino, CA

    Typical home
    $3,182,392
    Gross yield
    1.5%
  • Palo Alto, CA

    Typical home
    $3,450,949
    Gross yield
    1.3%
  • Los Gatos, CA

    Typical home
    $3,624,771
    Gross yield
    1.1%
  • Mountain View, CA

    Typical home
    $2,914,658
    Gross yield
    1.6%
  • Sunnyvale, CA

    Typical home
    $2,898,235
    Gross yield
    1.4%

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