Economy in Modesto, California
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Economy
| Unemployment Rate | 16.00% | 9.10% |
| Recent Job Growth | -0.53% | -0.12% |
| Future Job Growth | 22.94% | 31.25% |
| Sales Taxes | 7.38% | 6.80% |
| Income Taxes | 9.30% | 6.25% |
| Income per Cap. | $21,978 | $27,067 |
| Household Income | $50,406 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 11.84% | 12.10% |
| Income between 15K and 25K | 11.44% | 10.18% |
| Income between 25K and 35K | 10.77% | 10.56% |
| Income between 35K and 50K | 15.76% | 14.98% |
| Income between 50K and 75K | 20.30% | 19.53% |
| Income between 75K and 100K | 12.77% | 12.52% |
| Income between 100K and 150K | 11.24% | 12.14% |
| Income between 150K and 250K | 3.41% | 3.91% |
| Income between 250K and 500K | 2.07% | 3.34% |
| Income greater than 500K | 0.42% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 9.86% | 13.81% |
| Professional and Related Occupations | 19.63% | 22.68% |
| Service | 14.63% | 14.51% |
| Sales and Office | 27.34% | 25.22% |
| Farming, Fishing, and Forestry | 1.01% | 0.68% |
| Construction, Extraction, and Maintenance | 9.36% | 9.37% |
| Production, Transportation, and Material Moving | 18.29% | 15.86% |
The unemployment rate in Modesto, CA, is 16.00%, with job growth of -0.53%. Future job growth over the next ten years is predicted to be 22.94%.
Modesto, CA Taxes
Modesto, CA,sales tax rate is 7.38%. Income tax is 9.30%.
Modesto, CA Income and Salaries
The income per capita is $21,978, which includes all adults and children. The median household income is $50,406.
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
