San Francisco, CA Economy


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San Francisco, CA is one of the most popular cities in America. It is known for its vibrant culture, beautiful scenery, and dynamic economy. As a leading center of innovation, San Francisco is home to many renowned technology companies such as Google, Apple, Facebook, and Twitter. These tech giants contribute significantly to San Francisco's economic success through job creation and other investments. The cost of living in San Francisco is quite high when compared to other cities in the U.S., with a two-bedroom rent costing $3,250 per month on average and grocery costs index at 117 versus 100 in the U.S., meaning groceries are 17% more expensive than average in San Francisco.

San Francisco has an unemployment rate of 5.4%. The US average is 6.0%.

San Francisco 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 39.1%, which is higher than the US average of 33.5%.

Tax Rates for San Francisco
- The Sales Tax Rate for San Francisco is 8.5%. The US average is 7.3%.
- The Income Tax Rate for San Francisco 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 Francisco
- The average income of a San Francisco resident is $49,986 a year. The US average is $28,555 a year.
- The Median household income of a San Francisco resident is $126,187 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySan Francisco, CaliforniaUnited States
  5.46
  -9.5%-6.2%
  39.1%33.5%
  8.5%6.2%
  8.0%4.6%
  $77,267$37,638
  $126,187$69,021
  $147,176$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  3.2%6.8%
  5.0%10.0%
  1.6%2.5%
  8.6%11.0%
  4.1%4.8%
  0.5%0.8%
  6.2%1.9%
  6.1%4.7%
  2.4%1.9%
  22.4%7.6%
  0.2%0.1%
  3.6%4.2%
  7.4%9.3%
  11.4%14.0%
  2.4%2.1%
  7.2%7.0%
  4.1%4.8%
  3.3%4.7%
Reviews for San Francisco
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from a single guy's perspective. let's start this review from 2017. I moved here to be near to my sister who also relocated, and also to attend Cal State East Bay in  More

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I've lived in San Francisco for ten years. I thought I would write a balanced review for people looking to move here. My family is from places like Boise, Atlanta,  More

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I've lived in San Francisco for ten years. I thought I would write a balanced review for people looking to move here. My family is from places like Boise, Atlanta,  More

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