Cupertino, California is a bustling suburban city located in the heart of the Silicon Valley. Nestled between San Jose and Palo Alto, Cupertino is home to several large tech giants such as Apple Inc., Symantec, and Marvell Technology Group. In addition to these companies, Cupertino also boasts a variety of local attractions such as the De Anza College Observatory and the Mary Avenue Park. With an average 2 bedroom rent of $4180 compared to the US average of $1430 and a grocery cost index of 122 compared to 100 in the US, Cupertino is an expensive but desirable place to live.
Cupertino has an unemployment rate of 4.2%. The US average is 6.0%.
Cupertino 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 39.8%, which is higher than the US average of 33.5%.
Tax Rates for Cupertino
- The Sales Tax Rate for Cupertino is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Cupertino 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 Cupertino
- The average income of a Cupertino resident is $55,867 a year. The US average is $28,555 a year.
- The Median household income of a Cupertino resident is $199,778 a year. The US average is $69,021 a year.