San Diego, CA Economy


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San Diego, CA is a beautiful and bustling city full of opportunities. It is known for its warm climate, beachfront views, and great restaurants. The 2 bedroom rent in San Diego is $2,680 compared to the US average of $1,430. In addition, the grocery cost index in San Diego is 110 versus 100 in the US. This makes it slightly more expensive to live here but well worth it for all that the city has to offer. Some of the local companies that contribute to San Diego's economy include Qualcomm, Petco, Nordstrom Rack, and Bumble Bee Seafoods. With its diverse population and robust job market, San Diego truly has something for everyone!

San Diego has an unemployment rate of 6.6%. The US average is 6.0%.

San Diego 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 34.9%, which is higher than the US average of 33.5%.

Tax Rates for San Diego
- The Sales Tax Rate for San Diego is 7.8%. The US average is 7.3%.
- The Income Tax Rate for San Diego 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 San Diego
- The average income of a San Diego resident is $33,789 a year. The US average is $28,555 a year.
- The Median household income of a San Diego resident is $89,457 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySan Diego, CaliforniaUnited States
  6.66
  -8.6%-6.2%
  34.9%33.5%
  7.8%6.2%
  8.0%4.6%
  $46,460$37,638
  $89,457$69,021
  $106,037$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  4.6%6.8%
  9.8%10.0%
  2.0%2.5%
  9.2%11.0%
  3.5%4.8%
  0.6%0.8%
  2.3%1.9%
  4.1%4.7%
  2.5%1.9%
  14.0%7.6%
  0.3%0.1%
  4.3%4.2%
  9.2%9.3%
  13.0%14.0%
  2.6%2.1%
  8.4%7.0%
  4.7%4.8%
  4.8%4.7%
Reviews for San Diego
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I have lived in San Diego for more than half my life (I am 30) and love it. It has something for everyone and more from arts, to sporting events, and all cuisine is  More

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The only real knock again San Diego is the cost of living, but it is paradise compared to most cities of similar size. Those who complain about the traffic here or say  More

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I have lived in San Diego since 1968 and I am now almost 62 years old. I love San Diego, I really do. But it has become so crowded and so expensive over the years. It  More

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