San Jose, CA (zip code: 95112) is a vibrant city located in the Bay Area with a diverse population and culture. The city is known for its technology sector which includes well-known companies like Adobe, Cisco Systems, IBM and Apple. The 2 bedroom rent in San Jose is $2,640 compared to the US average of $1,430. Grocery costs also tend to be higher in San Jose with an index score of 112 versus 100 in the US. Living costs can be higher in San Jose due to its proximity to major cities but there are still many affordable options available due to the availability of jobs from top local employers.
San Jose (zip 95112) has an unemployment rate of 5.6%. The US average is 6.0%.
San Jose (zip 95112) 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 38.9%, which is higher than the US average of 33.5%.
Tax Rates for San Jose (zip 95112)
- The Sales Tax Rate for San Jose (zip 95112) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for San Jose (zip 95112) 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 (zip 95112)
- The average income of a San Jose (zip 95112) resident is $26,254 a year. The US average is $28,555 a year.
- The Median household income of a San Jose (zip 95112) resident is $83,224 a year. The US average is $69,021 a year.