Walnut Creek, CA Economy


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Walnut Creek, CA is a beautiful city located in the Bay Area. It is known for its affluence and high quality of life, which can be seen through the average two bedroom rent of $2,940. This is more expensive than the national average of $1,430. Additionally, its cost of living index is 112 compared to 100 in the US. In Walnut Creek, CA there are many local companies such as Chevron Corporation, John Muir Health, and Bank of America. These businesses provide jobs to the local community and make it a great place to live and work.

Walnut Creek has an unemployment rate of 5.0%. The US average is 6.0%.

Walnut Creek has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 36.4%, which is higher than the US average of 33.5%.

Tax Rates for Walnut Creek
- The Sales Tax Rate for Walnut Creek is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Walnut Creek is 9.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Walnut Creek
- The average income of a Walnut Creek resident is $51,998 a year. The US average is $28,555 a year.
- The Median household income of a Walnut Creek resident is $121,205 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWalnut Creek, CaliforniaUnited States
  56
  -9.0%-6.2%
  36.4%33.5%
  8.3%6.2%
  8.0%4.6%
  $72,869$37,638
  $121,205$69,021
  $154,065$85,028
  Population by Occupation
  0.2%1.2%
  0.1%0.5%
  3.6%6.8%
  6.4%10.0%
  1.8%2.5%
  8.9%11.0%
  2.9%4.8%
  1.1%0.8%
  2.5%1.9%
  9.6%4.7%
  3.1%1.9%
  22.1%7.6%
  0.2%0.1%
  1.9%4.2%
  10.3%9.3%
  13.3%14.0%
  2.6%2.1%
  3.6%7.0%
  3.3%4.8%
  2.6%4.7%
Reviews for Walnut Creek
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Apart from the congestion, Walnut Creek is one of the best places in the San Francisco Bay Area to live. It is one of the most compact/walkable cities in the entire area  More

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Over 6 years ago

Almost all of Walnut Creek water comes from Pardee dam through an enclosed pipeline. That water is direct from the high Sierras. Among the best water quality in the  More

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Over 6 years ago

I grew up in Southern California and am no stranger to a more inland California climate. Before moving to WC I lived in San Francisco for 15 years where it is obviously  More

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