University of California-Davis, CA Economy


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University of California Davis, CA is a vibrant college town located in the Sacramento Valley. It is home to the University of California Davis, which is consistently ranked among the top 10 public universities in the United States. The city also offers a variety of cultural and outdoor activities for residents. Notable attractions include UC Davis Arboretum and Public Garden, Putah Creek Riparian Reserve, and the Mondavi Center for the Performing Arts. Additionally, students and locals alike can enjoy dining at local restaurants such as Burgers & Brews and Mother-in-Law's Kimchi House. To cater to student budgets, rent in University of California Davis is relatively affordable compared to other parts of the United States with a 2 bedroom rental costing $2,230 per month versus $1,430 nationally. Grocery costs are slightly higher than average with an index of 111 vs 100 nationwide.

University of California-Davis has an unemployment rate of 6.4%. The US average is 6.0%.

University of California-Davis has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 34.5%, which is higher than the US average of 33.5%.

Tax Rates for University of California-Davis
- The Sales Tax Rate for University of California-Davis is 8.0%. The US average is 7.3%.
- The Income Tax Rate for University of California-Davis 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 University of California-Davis
- The average income of a University of California-Davis resident is $6,412 a year. The US average is $28,555 a year.
- The Median household income of a University of California-Davis resident is $23,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyUniversity of California-Davis, CaliforniaUnited States
  6.46
  -6.1%-6.2%
  34.5%33.5%
  7.3%6.2%
  8.0%4.6%
  $7,558$37,638
  $23,125$69,021
  $44,219$85,028
  Population by Occupation
  1.4%1.2%
  0.0%0.5%
  0.7%6.8%
  0.3%10.0%
  0.4%2.5%
  5.6%11.0%
  1.1%4.8%
  0.0%0.8%
  0.2%1.9%
  0.4%4.7%
  1.8%1.9%
  4.7%7.6%
  0.0%0.1%
  0.5%4.2%
  49.6%9.3%
  4.0%14.0%
  3.4%2.1%
  22.9%7.0%
  1.5%4.8%
  1.4%4.7%
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