Zip 94030 (Millbrae, CA) Economy


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94030 Millbrae, CA is a great place to live. Rent for a two-bedroom apartment in this area is $3,690, which is more expensive than the US average of $1,430. Grocery costs in 94030 Millbrae are also higher than the US average at 119 compared to 100. This leads to a higher cost of living index that much be taken into consideration when making the decision to move to this area. Millbrae has many businesses such as Whole Foods Market and Sephora that offer goods and services to people who live in the area. Many companies also have offices based out of 94030 Millbrae including Genentech, McKesson Corporation and Ubisoft San Francisco. All these factors make 94030 Millbrae an attractive place to live for those with enough financial resources.

Millbrae (zip 94030) has an unemployment rate of 5.0%. The US average is 6.0%.

Millbrae (zip 94030) 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 37.6%, which is higher than the US average of 33.5%.

Tax Rates for Millbrae (zip 94030)
- The Sales Tax Rate for Millbrae (zip 94030) is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Millbrae (zip 94030) 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 Millbrae (zip 94030)
- The average income of a Millbrae (zip 94030) resident is $43,524 a year. The US average is $28,555 a year.
- The Median household income of a Millbrae (zip 94030) resident is $141,399 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMillbrae, CaliforniaUnited States
  56
  -9.5%-6.2%
  37.6%33.5%
  8.8%6.2%
  8.0%4.6%
  $65,773$37,638
  $141,399$69,021
  $165,328$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  4.9%6.8%
  6.9%10.0%
  2.3%2.5%
  8.2%11.0%
  7.1%4.8%
  1.2%0.8%
  3.8%1.9%
  5.4%4.7%
  3.3%1.9%
  15.2%7.6%
  0.1%0.1%
  2.9%4.2%
  6.7%9.3%
  13.4%14.0%
  2.1%2.1%
  6.3%7.0%
  5.9%4.8%
  4.2%4.7%
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