94087, Sunnyvale, CA

The Sunnyvale zip code of 94087 has a median home value of $1,052,000 and a median home equity value of $527,000. The Sunnyvale zip code ranks #2 in the San Francisco Bay Area for both home values.

Sunnyvale is a rapidly growing city located in Silicon Valley. The city has seen an influx of high-tech companies and has been ranked as one of the most livable cities in America. This has led to an increase in home prices and home equity values in the city.

The average commute time to work is 25 minutes, which is below the national average of 29 minutes. Additionally, Sunnyvale benefits from a low unemployment rate (4%) and high levels of education attainment (79% have at least a bachelor's degree). These factors have contributed to an increase in demand for housing within the city limits.

There are several factors that contribute to increased home values within Sunnyvale:

-Rapid population growth: The population of Sunnyvale grew by 10% between 2010 and 2015, which is much faster than the national average growth rate over that period (1%).

-High levels of education attainment: Nearly two-thirds (64%) of residents within the city limits have at least a bachelor's degree, which is above the national average (47%).

-Low commute time: The average commute time to work is only 25 minutes, which is below the national average of 29 minutes.

-Livable city: Sunnyvale was ranked as one of America's top ten most livable cities by Forbes magazine in 2016. This contributes to increased demand for housing within its boundaries.