Fremont, CA · standard
ZIP Code 94538
Alameda County, California - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 61,148
- 1,433/sq mi
- $147,301
- Median income
- $1,136,600
- Median home value
- 54.8%
- Bachelor's or higher
The verdict
Fremont pairs a top-decile household income with top-decile home values, in a low-density, mixed-tenure and unusually populous area.
- Top 4%
- household income, US ZIPs
- Top 2%
- home value, US ZIPs
- 1,433
- people per sq mi
- 45%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 94538 against every reporting US ZIP.
ZIP code 94538 is a densely settled ZIP (a standard USPS delivery area) in Fremont, Alameda County, California, with 61,148 residents across 42.7 square miles, a density of 1,433 people per square mile, in the Los Angeles time zone.
ZIP 94538 skews affluent, with a median household income of $147,301 (45% above the California average), while per-capita income is $63,191. Poverty here runs at 5.5%, with unemployment measured at 4.3%. Housing costs here run $1,136,600 for a typical home value (47% above the state average), with rent averaging $2,860 a month; 44.7% of homes are owner-occupied.
This is a highly-educated ZIP: 54.8% of adults hold a bachelor's degree or higher, the median age is 36.7, and the average commute is 29 minutes. A geography-based comparison follows: 10 ZIP codes within about 10 miles of 94538, plus 6 more within Alameda County, give a clearer read than the national average alone.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 94538
Top 5 sectors by establishment count in Fremont, CA
Which industries have the most business establishments in ZIP 94538.
- Professional, scientific, and technical services
Professional, scientific, and technical services
458 establishments
- Health care and social assistance
Health care and social assistance
401 establishments
- Accommodation and food services
Accommodation and food services
264 establishments
- Wholesale trade
Wholesale trade
261 establishments
- Retail trade
Retail trade
251 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 94538, Fremont, CA · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
61,148
Population
42.7
Area (sq mi)
1,433
People / sq mi
Los Angeles
Time Zone
standard
ZIP Type
Who lives in ZIP 94538?
36.7
Median Age
50.6%
Male
49.4%
Female
51.8%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$147,301
Median Household Income
+45% vs state
$63,191
Per Capita Income
5.5%
Poverty Rate
4.3%
Unemployment Rate
29.0 min
Mean Commute Time
How ZIP 94538 ranks nationally
Fremont, CA household income vs. every US ZIP code
Median household income, the full national distribution, with this ZIP marked
$147,301 Top 4% higher than 96% of 30,318 US ZIPs
Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
24,854
Total Housing Units
23,628
Occupied Units
1,226
Vacant Units
2.82
Avg Household Size
Occupancy Type
$1,136,600
Median Home Value
+47% vs state
$2,860
Median Rent
1979
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+12.8%
YoY Change (2024)
431
HPI Index (2000 = 100)
+331%
Total Change Since 2000
Home values in ZIP 94538 have increased 12.8% over the past year (2024). Since 2000, this ZIP has seen +331% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +0.2% | 281 |
| 2021 | +7.5% | 302 |
| 2022 | +10.7% | 334 |
| 2023 | +14.3% | 382 |
| 2024 | +12.8% | 431 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 2,749 business establishments in ZIP 94538, employing approximately 93,523 people with a combined annual payroll of $14,386,099,000.
2,749
Businesses
93,523
Employees
$14.4B
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Professional, scientific, and technical services | 458 | 16.7% |
| Health care and social assistance | 401 | 14.6% |
| Accommodation and food services | 264 | 9.6% |
| Wholesale trade | 261 | 9.5% |
| Retail trade | 251 | 9.1% |
| Manufacturing | 197 | 7.2% |
| Other services (except public administration) | 176 | 6.4% |
| Construction | 158 | 5.8% |
| Real estate and rental and leasing | 122 | 4.4% |
| Administrative and support and waste management and remediation services | 105 | 3.8% |
| Finance and insurance | 104 | 3.8% |
| Transportation and warehousing | 94 | 3.4% |
| Information | 55 | 2.0% |
| Educational services | 53 | 1.9% |
| Arts, entertainment, and recreation | 27 | 1.0% |
| Management of companies and enterprises | 19 | 0.7% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 94538 vs 94539 →
ZIP 94538 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 94587
Union City (94587)
69,516 residents
- 94536
Fremont (94536)
68,790 residents
- 95035
Milpitas (95035)
66,943 residents
- 94538
Fremont (94538)
61,148 residents
- 94539
Fremont (94539)
50,031 residents
- 94560
Newark (94560)
42,573 residents
- 94555
Fremont (94555)
34,143 residents
- 95054 23,364
Santa Clara (95054)
23,364 residents
- 94089 19,245
Sunnyvale (94089)
19,245 residents
What this shows Among its immediate neighbors, ZIP 94538 ranks #4 by population - useful context the national average alone can't give.
ZIP 94538 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 94539
Fremont (94539)
$243,552 median income
- 94555
Fremont (94555)
$219,938 median income
- 95054
Santa Clara (95054)
$207,895 median income
- 95134
San Jose (95134)
$203,649 median income
- 95035
Milpitas (95035)
$178,654 median income
- 94560
Newark (94560)
$169,064 median income
- 94536
Fremont (94536)
$167,662 median income
- 94089
Sunnyvale (94089)
$158,304 median income
- 94538
Fremont (94538)
$147,301 median income
What this shows By household income, ZIP 94538 ranks #9 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 94539 | Fremont, CA | 50,031 | 2.9 mi |
| 94560 | Newark, CA | 42,573 | 3.8 mi |
| 94536 | Fremont, CA | 68,790 | 4.7 mi |
| 95134 | San Jose, CA | 15,268 | 5.5 mi |
| 95002 | Alviso, CA | 2,077 | 5.0 mi |
| 95054 | Santa Clara, CA | 23,364 | 7.8 mi |
| 94089 | Sunnyvale, CA | 19,245 | 7.1 mi |
| 95035 | Milpitas, CA | 66,943 | 6.5 mi |
| 94587 | Union City, CA | 69,516 | 7.3 mi |
| 94555 | Fremont, CA | 34,143 | 7.3 mi |
More ZIP Codes in Alameda County
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Frequently Asked Questions
What county is ZIP code 94538 in? ▼
What is the population of ZIP code 94538? ▼
What is the median household income in ZIP 94538? ▼
What is the average home value in ZIP 94538? ▼
What is the demographic makeup of ZIP 94538? ▼
How many businesses are in ZIP code 94538? ▼
What are the main industries in ZIP code 94538? ▼
How have home values changed in ZIP code 94538? ▼
What is the education level in ZIP code 94538? ▼
What is the average commute time in ZIP 94538? ▼
What percentage of residents own vs. rent in ZIP 94538? ▼
What is the poverty rate in ZIP code 94538? ▼
Read our methodology to see how this data is sourced, computed, and verified.