Hayward, CA is an attractive destination for individuals looking to live in the Bay Area without major metropolitan costs. While rent for a two-bedroom apartment in Hayward is $2,360 compared to the US average of $1,430, grocery prices are slightly higher than the national average at 111. This makes Hayward more affordable than many of its neighboring cities.
In terms of job opportunities, Hayward provides a diverse range of employment options with notable companies such as Mars Wrigley Confectionery, E&J Gallo Winery, and Nestle Ice Cream located in the city. Businesses from other industries such as construction, technology, and retail also contribute to the local economy making it a great option for those looking to advance their career prospects.
Overall, Hayward offers residents a unique balance between cost-efficiency and opportunity. With rent costing only marginally more than the US average and grocery prices just slightly above that same benchmark it remains an attractive alternative for people looking to minimize their living expenses while pursuing career goals in one of America’s most vibrant regions.
Hayward has an unemployment rate of 7.9%. The US average is 6.0%.
Hayward has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 36.1%, which is higher than the US average of 33.5%.
Tax Rates for Hayward
- The Sales Tax Rate for Hayward is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Hayward 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 Hayward
- The average income of a Hayward resident is $25,770 a year. The US average is $28,555 a year.
- The Median household income of a Hayward resident is $98,837 a year. The US average is $69,021 a year.