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Economy in Modesto, California

Overview, People, Health, Economy, Housing, Rankings, Climate
Crime, Comments, Transportation, Cost of Living, Religion, Voting

EconomyModesto, CAUnited States
Unemployment Rate15.50%8.60%
Recent Job Growth-1.72%0.35%
Future Job Growth21.06%32.10%
Sales Taxes7.38%5.00%
Income Taxes4.00%4.70%
Income per Cap.$21,846$26,154
Household Income$49,924$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K11.54%12.37%
Income between 15K and 25K11.92%10.53%
Income between 25K and 35K10.57%10.88%
Income between 35K and 50K16.12%15.37%
Income between 50K and 75K20.12%20.14%
Income between 75K and 100K12.81%12.41%
Income between 100K and 150K11.41%11.27%
Income between 150K and 250K4.10%5.01%
Income between 250K and 500K1.28%1.86%
Income greater than 500K0.11%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations12.01%14.04%
Professional and Related Occupations19.16%20.61%
Service15.21%14.45%
Sales and Office27.96%26.75%
Farming, Fishing, and Forestry1.11%0.70%
Construction, Extraction, and Maintenance9.63%9.42%
Production, Transportation, and Material Moving14.91%14.05%


Median Household Income

The unemployment rate in Modesto, CA, is 15.50%, with job growth of -1.72%. Future job growth over the next ten years is predicted to be 21.06%.

Modesto, CA Taxes

Modesto, CA,sales tax rate is 7.38%. Income tax is 4.00%.

Modesto, CA Income and Salaries

The income per capita is $21,846, which includes all adults and children. The median household income is $49,924.


Modesto Economy SperlingViews

Jobs: Like most central valley towns, things were great here doing the housing market boom. We are now suffering with too many foreclosures and lost jobs that were based upon... (read more)Armpit of California: The central valley has its ups and downs. We have excellent agribusinesses and all of the comforts of a large city (malls, restaurants, etc.) but lack good weather and... (read more)Summer: Nice community, too bad the Summers are too hot for me, and the air quality needs... (read more)Have an opinion about Modesto? Leave a commentTo See All SperlingViews for Modesto Click Here