Zip 93401 (San Luis Obispo, CA) Economy


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San Luis Obispo is a charming city located in California with a zip code of 93401. The 2 bedroom rent in the area is $2,310 compared to the US average of $1,430. Moreover, groceries cost index in San Luis Obispo is higher than the US average at 110 versus 100. Despite its higher living costs, San Luis Obispo offers many amenities to its residents making life more enjoyable. \nThe city is home to major companies such as Cuesta College, French Hospital Medical Center, PG&E Corporation and The Tribune News Media Group Inc. Apart from that there are also various attractions like Avila Beach where visitors can go kayaking or spend time on the beach. Another popular destination is Morro Bay State Park where visitors can spend time outdoors hiking or camping. Furthermore there are also several annual festivals that take place throughout the year such as the San Luis Obispo Film Festival and Fiesta de la Flor.

San Luis Obispo (zip 93401) has an unemployment rate of 5.5%. The US average is 6.0%.

San Luis Obispo (zip 93401) 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 34.6%, which is higher than the US average of 33.5%.

Tax Rates for San Luis Obispo (zip 93401)
- The Sales Tax Rate for San Luis Obispo (zip 93401) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for San Luis Obispo (zip 93401) 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 Luis Obispo (zip 93401)
- The average income of a San Luis Obispo (zip 93401) resident is $33,638 a year. The US average is $28,555 a year.
- The Median household income of a San Luis Obispo (zip 93401) resident is $83,814 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySan Luis Obispo, CaliforniaUnited States
  5.56
  -9.6%-6.2%
  34.6%33.5%
  7.8%6.2%
  8.0%4.6%
  $52,028$37,638
  $83,814$69,021
  $115,109$85,028
  Population by Occupation
  2.7%1.2%
  0.0%0.5%
  4.8%6.8%
  6.6%10.0%
  1.9%2.5%
  11.0%11.0%
  2.5%4.8%
  1.0%0.8%
  1.4%1.9%
  2.3%4.7%
  2.2%1.9%
  13.5%7.6%
  0.3%0.1%
  1.9%4.2%
  13.5%9.3%
  13.0%14.0%
  2.2%2.1%
  10.2%7.0%
  4.1%4.8%
  4.9%4.7%
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