Modesto, California is a bustling city with a population of 95350 people. It is known for its friendly atmosphere and excellent quality of life. The average 2 bedroom rent in Modesto is $1,320 per month, which is slightly lower than the national average of $1,430. Similarly, the grocery cost index for Modesto residents is 104 compared to the US national average of 100. This indicates that groceries are slightly more expensive in Modesto than in other areas of the country.
There are many local companies that make up this vibrant community, including E&J Gallo Winery, Del Monte Foods, Blue Diamond Growers, Frito-Lay Inc., Save Mart Supermarkets and Foster Farms Dairy Products. These companies bring employment opportunities and economic growth to the area while creating a strong sense of community.
All in all, Modesto offers an affordable cost of living along with plenty of job opportunities and an overall pleasant atmosphere. For those looking for a comfortable place to live without breaking the bank, Modesto may be an ideal destination.
Modesto (zip 95350) has an unemployment rate of 8.0%. The US average is 6.0%.
Modesto (zip 95350) 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 29.5%, which is lower than the US average of 33.5%.
Tax Rates for Modesto (zip 95350)
- The Sales Tax Rate for Modesto (zip 95350) is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Modesto (zip 95350) 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 Modesto (zip 95350)
- The average income of a Modesto (zip 95350) resident is $22,599 a year. The US average is $28,555 a year.
- The Median household income of a Modesto (zip 95350) resident is $62,105 a year. The US average is $69,021 a year.