ZIP 94538 · Fremont, California
2026 Edition · 8 cards · data as of Oct 30, 2026
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Population
67,781 people call ZIP 94538 home.
67,781
people.
Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year
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Rent
Median rent is up 73% since the 2010–2014 survey, before inflation.
$2,860
a month. California's median is $2,036.
Census ACS 5-year, 2020-2024 (latest), with earlier 5-year windows. Sources: Census ACS 5-year
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Room to build
The median rent is above what local wages can carry.
$1,366–$2,049
is the monthly rent range local workforce wages support.
- $2,860 median
Supportable rent computed by the Almanac from 2023 source wage data. Median rent: Census ACS 5-year, 2020-2024. Sources: Computed by the Almanac, Census ACS 5-year
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Building
Most of the housing here is older than 2000.
- 82% of all homes were built before 2000
Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year
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Units needed
Closing the gap would add 1–4% to the 24,854 homes here.
155–966
is the estimated number of missing housing units, from the lowest to the highest of three estimates.
Range computed by the Almanac from 2023 jobs and household data, using three demand models: 1% of jobs located here, 1% of renter households, and a rate by town size applied to renters. The low end is the lowest of the three and the high end the highest. It is an estimate, not a count. Sources: Computed by the Almanac
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Home value
A median home costs 55% more than California's.
$1,136,600
median home value in ZIP 94538.
- $1,136,600 ZIP 94538
- $734,700 California
- $332,700 U.S.
Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year