ZIP Code 94040
ZIP / ZCTAPopulation: 35,581
ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes. Boundaries may differ slightly from postal delivery areas, and estimates for less-populated ZCTAs carry higher margins of error.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — 94040
- What is the median household income in 94040?
- The median household income in 94040 is $184,494 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in 94040?
- The poverty rate in 94040 is 3.4% (U.S. Census Bureau ACS 2023).
- What is the median home value in 94040?
- $2,000,001 (U.S. Census Bureau ACS 2023).
- What is the average rent in 94040?
- The median gross rent in 94040 is $3,017 per month (U.S. Census Bureau ACS 2023).
- What percentage of 94040 residents have a college degree?
- 77.9% of adults in 94040 hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
35,581
Median Income
$184,494
Median Home Value
$2,000,001
Poverty Rate
3.4%
Unemployment (ACS 2023)
3.6%
Median Age
34.0 yrs
Since 2019
Median Income:
+$45,216 (+32.5%)
Home Value:
+$263,601 (+15.2%)
Poverty Rate:
-0.2 pp (-5.6%)
Bachelor's+:
+6.5 pp (+9.1%)
Unemployment:
+0.5 pp (+16.1%)
Demographics
Total Population
35,581
Median Age
34.0
Female
48.1%
Race & Ethnicity
Hispanic or Latino 13.8%
White (non-Hisp.) 40.9%
Black 1.3%
Asian 38.0%
Two or More 10.4%
Other 6.4%
Asian Subgroups (% of total pop.)
Chinese
19.2%
Indian
8.9%
Japanese
2.3%
Korean
2.1%
Vietnamese
1.3%
Filipino
1.2%
Hispanic Subgroups (% of total pop.)
Mexican
10.1%
Puerto Rican
0.3%
Cuban
0.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$184,494
±$13,241
Per Capita Income
$268,394
Median Family Income
$242,500
Poverty Rate
3.4%
Child Poverty Rate
3.1%
Working-Age Poverty Rate
—
SNAP Recipients
4.0%
Social Security Income
—
Retirement Income
15.4%
Household Income Distribution
< $10k
2.4%
$10–15k
1.4%
$15–25k
2.5%
$25–35k
2.2%
$35–50k
4.9%
$50–75k
5.9%
$75–100k
7.1%
$100–150k
14.2%
$150–200k
12.8%
$200k+
46.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
16,963
Owner-Occupied
36.2%
Renter-Occupied
63.8%
Vacancy Rate
9.5%
Median Home Value
$2,000,001
Median Gross Rent
$3,017
Owner Cost Burden (30%+)
18.1%
Renter Cost Burden (30%+)
32.2%
Home Value Distribution
< $50k
1.8%
$50–100k
0.4%
$100–200k
0.1%
$200–300k
0.4%
$300–500k
1.1%
$500k–$1M
11.0%
$1M+
84.5%
Gross Rent Distribution
< $500
2.1%
$500–1k
3.5%
$1–1.5k
1.4%
$1.5–2k
7.5%
$2–2.5k
16.8%
$2.5–3.5k
18.3%
$3.5k+
50.5%
Vehicle Availability
No vehicle
8.0%
1 vehicle
42.5%
2 vehicles
36.8%
3+
12.7%
Housing Type
Single-fam. det.
28.5%
Single-fam. att.
7.4%
2–4 units
0.8%
5–19 units
5.7%
20+ units
46.2%
Mobile home
0.7%
Housing Age
Pre-1940
1.4%
1940–1969
3.1%
1970–1999
18.8%
2000–2009
4.1%
2010+
15.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
95.3%
Bachelor's or Higher
77.9%
Graduate Degree
47.7%
Some College / Associate
6.9%
Less Than High School
2.4%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
72.5%
Unemployment Rate
3.6%
Work from Home
28.8%
Self-Employed
3.3%
Government Workers
6.6%
Private For-Profit
89.8%
Industry
Prof. Services
28.4%
Edu/Health
18.9%
Information
14.9%
Manufacturing
13.0%
Retail
7.5%
Arts/Entmt.
4.9%
Finance
4.2%
Construction
2.2%
Transportation
2.1%
Public Admin
1.2%
Wholesale
1.1%
Agriculture
0.1%
Occupation
Management
78.2%
Sales
9.4%
Food Prep
7.0%
Production
3.3%
Construction
2.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
24.5 min
Drove Alone
52.1%
Carpool
5.0%
Public Transit
3.9%
Work from Home
28.8%
Walked
3.3%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
15,347
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
44.2%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
22.0%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
5.5%
5–9
5.9%
10–14
5.0%
15–19
6.7%
20–24
4.7%
25–34
22.3%
35–44
14.9%
45–54
13.2%
55–64
4.5%
65–74
5.2%
75–84
6.2%
85+
3.6%
Under 18: 21.0%
Working age (18–64): 79.0%
65 and over: 12.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
44.2%
Naturalized Citizen
41.3%
Speaks English Less Than Very Well
15.7%
Foreign-Born Origin
Asia
61.8%
Latin America
16.1%
Europe
15.8%
Africa
1.5%
Veterans & Disability
Veteran
1.7%
With a Disability
6.5%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
98.0%
Uninsured
2.0%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
94.4%
Has a Computer
96.8%
Same House 1 Year Ago
81.4%
Moved from Abroad
2.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023