Foster City, CA Economy


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Foster City, CA is a vibrant city located in the San Francisco Bay Area. It is an affluent suburb and offers great work opportunities for its residents. Some of the local companies based in Foster City include Visa Inc., Gilead Sciences, and Sony Interactive Entertainment. The city is served by the San Mateo Union High School District which provides quality education to its students. There are plenty of recreational activities available for people living in Foster City such as biking at Leo Ryan Park and the nearby Coyote Point Recreation Area, sailing on the bay, visiting art galleries and museums. Other points of interest include Bridgepointe Shopping Center for shopping, Bayfront Park with a boardwalk on the waterfront for jogging or walking, and Utopia Playground which houses sports courts, playgrounds and a picnic area.

Foster City has an unemployment rate of 3.8%. The US average is 6.0%.

Foster City 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 42.4%, which is higher than the US average of 33.5%.

Tax Rates for Foster City
- The Sales Tax Rate for Foster City is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Foster City 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 Foster City
- The average income of a Foster City resident is $55,318 a year. The US average is $28,555 a year.
- The Median household income of a Foster City resident is $173,721 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFoster City, CaliforniaUnited States
  3.86
  -9.5%-6.2%
  42.4%33.5%
  8.8%6.2%
  8.0%4.6%
  $80,545$37,638
  $173,721$69,021
  $200,822$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  2.7%6.8%
  11.9%10.0%
  2.4%2.5%
  5.7%11.0%
  4.9%4.8%
  0.5%0.8%
  8.9%1.9%
  6.0%4.7%
  2.1%1.9%
  28.9%7.6%
  0.0%0.1%
  2.0%4.2%
  4.6%9.3%
  9.0%14.0%
  1.5%2.1%
  3.6%7.0%
  3.1%4.8%
  2.2%4.7%
Reviews for Foster City
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Over 16 years ago

Built on lagoons, great climate, good schools, lots of soccer and other sports for kids, plenty of parking and  More

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Over 17 years ago

A great city to raise a family, safe, great weather around the year, good schools and plenty of recreation. But only if you can afford the hight cost of  More

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Landlords are able to command and receive high rent due to the following attributes: safety, weather and cleanliness of Foster City. The lagoon, waterways and gardens  More

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