How much is a home worth in ZIP code 94706?

The typical home in 94706 is worth $1,271,479, based on the Zillow Home Value Index.

Are home values rising in 94706?

Home values in 94706 are up 0.7% over the past year, and up 1.4% a year over five years.

What is the typical rent in 94706?

A typical home in 94706 rents for about $3,103 a month, a gross rental yield of 2.9%.

What is the property tax rate in 94706?

The effective property tax rate in 94706 is 0.9% — roughly $11,234 a year on a typical home.

ZIP code 94706 has a population of 19,969 and a median household income of $143,398.

HousingHandbookReference data

…

U.S. ZIP Code · CA94706

Alameda County · San Francisco-Oakland-Fremont, CA

Typical home value

$1,271,479^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +0.7%
5-year / yr: +1.4%
10-year / yr: +3.6%

Relative price

vs U.S.: +347.6%
vs metro: +1.7%
vs state: +81.5%

Price history

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

The typical home in 94706 is worth $1,271,479 — 1.7% above the San Francisco-Oakland-Fremont, CA median. Over the past year, values have risen 0.7%. Homes here rent for a typical $3,103 a month — a 2.9% gross rental yield. 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: $3,103^[2]
Gross yield: 2.9%^[2]
Cap rate: 1.8%^[2]

#Property tax

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

Effective tax rate: 0.9%^[3]
Typical annual tax: $11,234^[3]

#Climate risk

FEMA National Risk Index ratings for Alameda 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 High
Drought: Relatively Moderate
Heat wave: Relatively High
Hurricane: Not Applicable
Tornado: Relatively Moderate
Earthquake: Very High
Winter weather: Very Low

#Who lives here

Population: 19,969^[3]
Median household income: $143,398^[3]

#Migration

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

Net migration: -8,347^[5]
Moved in: 40,744
Moved out: 49,091

Schools

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

Public schools: 6
Elementary: 3
Middle: 1
High: 2

Albany High
High · Grades 9–12 · Albany City Unified
1,117 students
Albany Middle
Middle · Grades 6–8 · Albany City Unified
827 students
Cornell Elementary
Elementary · Grades K–5 · Albany City Unified
551 students
Ocean View Elementary
Elementary · Grades K–5 · Albany City Unified
548 students
Marin Elementary
Elementary · Grades K–5 · Albany City Unified
514 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.

Home value$Monthly rent$

Gross yield2.9%

Net yield (after ~40% expenses)1.8%

Annual rent$37,235

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.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$6,429

Loan principal$1,017,183

Down payment$254,296

Total interest paid$1,297,361

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.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio2.71

Monthly cost to own$8,421

Monthly rent$3,103

Renting is meaningfully cheaper month-to-month.

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: 55th percentile^[1]
Rental yield: 40th percentile^[2]
Property tax: 84th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 94706?: The typical home in 94706 is worth $1,271,479, based on the Zillow Home Value Index.
Are home values rising in 94706?: Home values in 94706 are up 0.7% over the past year, and up 1.4% a year over five years.
What is the typical rent in 94706?: A typical home in 94706 rents for about $3,103 a month, a gross rental yield of 2.9%.
What is the property tax rate in 94706?: The effective property tax rate in 94706 is 0.9% — roughly $11,234 a year on a typical home.
Who lives in 94706?: ZIP code 94706 has a population of 19,969 and a median household income of $143,398.

#Comparable ZIPs

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

94903 vs 94706 →
San Rafael, CA
Typical home
$1,269,126
Gross yield
3.0%
94044 vs 94706 →
Pacifica, CA
Typical home
$1,277,293
Gross yield
3.4%
94587
Union City, CA
Typical home
$1,265,023
Gross yield
2.6%
94542
Hayward, CA
Typical home
$1,264,391
Gross yield
2.3%
94560
Newark, CA
Typical home
$1,253,154
Gross yield
3.4%
94550
Livermore, CA
Typical home
$1,250,692
Gross yield
2.7%

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Pit ZIP 94706 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · CA94706

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