The San Jose-Sunnyvale-Santa Clara, CA Metro Area is an ideal place to live with its high quality of life and amenities. Rent for two bedroom apartments is almost double the national average at $2,920 compared to only $1,430 across the US. Additionally, grocery costs are also higher in the area with a Grocery Cost Index of 116 as opposed to the US average of 100. This metro area is home to some of the biggest tech companies in the world including Google, Apple and Adobe. Other major employers in this area include eBay, Cisco Systems and Intel. With such a vibrant economy and job market, this metro area is an attractive and desirable place for work and leisure.
San Jose-Sunnyvale-Santa Clara Metro Area has an unemployment rate of 5.2%. The US average is 6.0%.
San Jose-Sunnyvale-Santa Clara Metro Area has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 39.6%, which is higher than the US average of 33.5%.
Tax Rates for San Jose-Sunnyvale-Santa Clara Metro Area
- The Sales Tax Rate for San Jose-Sunnyvale-Santa Clara Metro Area is 9.1%. The US average is 7.3%.
- The Income Tax Rate for San Jose-Sunnyvale-Santa Clara Metro Area 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 Jose-Sunnyvale-Santa Clara Metro Area
- The average income of a San Jose-Sunnyvale-Santa Clara Metro Area resident is $42,176 a year. The US average is $28,555 a year.
- The Median household income of a San Jose-Sunnyvale-Santa Clara Metro Area resident is $138,370 a year. The US average is $69,021 a year.