Zip 95131 (San Jose, CA) Economy


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San Jose is a dynamic city located in Santa Clara County, California. With a population of just over one million people, it offers a variety of living options. The average two bedroom rental cost in San Jose is $3,250 per month while the national average for two bedroom rentals across the United States is significantly lower at $1,430. Grocery prices in San Jose are also higher than the national average with a grocery cost index of 114 to compare to the U.S.'s 100. Popular local companies include Apple Inc., eBay, Adobe Systems Inc., and Cisco Systems. There are many other large companies that call this area their home making San Jose an attractive location for prospective tenants and business owners alike.

San Jose (zip 95131) has an unemployment rate of 5.6%. The US average is 6.0%.

San Jose (zip 95131) has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 38.9%, which is higher than the US average of 33.5%.

Tax Rates for San Jose (zip 95131)
- The Sales Tax Rate for San Jose (zip 95131) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for San Jose (zip 95131) 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 Jose (zip 95131)
- The average income of a San Jose (zip 95131) resident is $39,534 a year. The US average is $28,555 a year.
- The Median household income of a San Jose (zip 95131) resident is $151,389 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySan Jose, CaliforniaUnited States
  5.66
  -7.1%-6.2%
  38.9%33.5%
  9.3%6.2%
  8.0%4.6%
  $57,008$37,638
  $151,389$69,021
  $153,186$85,028
  Population by Occupation
  0.7%1.2%
  0.0%0.5%
  3.2%6.8%
  24.6%10.0%
  1.8%2.5%
  7.1%11.0%
  3.6%4.8%
  0.5%0.8%
  5.8%1.9%
  2.4%4.7%
  0.8%1.9%
  18.7%7.6%
  0.5%0.1%
  2.8%4.2%
  4.8%9.3%
  10.7%14.0%
  0.8%2.1%
  4.9%7.0%
  4.2%4.8%
  2.0%4.7%
Health