The Santa Cruz, CA zip code 95064 has an average two bedroom rent of $3,080, which is more than double the national average of $1,430. The Grocery Cost Index in Santa Cruz stands at 104 compared to the US's 100. This indicates that basic groceries such as bread and milk are 4% higher in Santa Cruz than the rest of the country.
Santa Cruz is known for its vibrant culture and strong business sector. Top local employers include Bay Federal Credit Union, Dirito Brothers Volkswagen, Sutter Maternity & Surgery Center, Doctor’s Medical Group and Central Coast Advanced Imaging. There are also several small businesses located around town such as Penny Ice Creamery, Humble Sea Brewing Co., Freeline Surf Co., and Green Room Brewing.
Santa Cruz (zip 95064) has an unemployment rate of 4.5%. The US average is 6.0%.
Santa Cruz (zip 95064) has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.
Tax Rates for Santa Cruz (zip 95064)
- The Sales Tax Rate for Santa Cruz (zip 95064) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Santa Cruz (zip 95064) 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 Santa Cruz (zip 95064)
- The average income of a Santa Cruz (zip 95064) resident is $5,447 a year. The US average is $28,555 a year.
- The Median household income of a Santa Cruz (zip 95064) resident is $107,500 a year. The US average is $69,021 a year.