Zip 94070 (San Carlos, CA) Economy


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San Carlos, CA, with the zip code 94070 is an affluent city located in San Mateo County. The cost of living in this area is higher than the national average due to the high median household income of $101,080 and the expensive housing prices. A two-bedroom apartment in San Carlos will cost around $3,510 per month, which is more than double the US’s average of $1,430 per month. Grocery costs are also higher here with an index of 120 compared to 100 nationally. Some popular companies that are based in San Carlos include Oracle Corporation, Lucasfilm Ltd., and Tandem Diabetes Care Inc.

San Carlos (zip 94070) has an unemployment rate of 4.2%. The US average is 6.0%.

San Carlos (zip 94070) has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 36.6%, which is higher than the US average of 33.5%.

Tax Rates for San Carlos (zip 94070)
- The Sales Tax Rate for San Carlos (zip 94070) is 8.8%. The US average is 7.3%.
- The Income Tax Rate for San Carlos (zip 94070) 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 Carlos (zip 94070)
- The average income of a San Carlos (zip 94070) resident is $62,510 a year. The US average is $28,555 a year.
- The Median household income of a San Carlos (zip 94070) resident is $205,912 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySan Carlos, CaliforniaUnited States
  4.26
  -9.5%-6.2%
  36.6%33.5%
  8.8%6.2%
  8.0%4.6%
  $104,942$37,638
  $205,912$69,021
  $250,001$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  4.6%6.8%
  9.2%10.0%
  1.7%2.5%
  6.2%11.0%
  2.8%4.8%
  0.4%0.8%
  9.1%1.9%
  5.6%4.7%
  2.9%1.9%
  23.3%7.6%
  0.4%0.1%
  2.1%4.2%
  7.9%9.3%
  10.6%14.0%
  2.7%2.1%
  2.9%7.0%
  5.1%4.8%
  2.4%4.7%
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