Berkeley, CA is located in zip code 94703 and has an average 2 bedroom rent of $2,430, which is significantly higher than the national average of $1,430. Its Grocery Cost Index is 114, meaning that it's 14% more expensive than the US national average price for groceries. Berkeley is home to a number of renowned companies and organizations such as University of California at Berkeley, Lawrence Berkeley National Laboratory, PriceWaterhouseCoopers, Clif Bar & Company and Motion Picture Association of America.
Berkeley (zip 94703) has an unemployment rate of 5.1%. The US average is 6.0%.
Berkeley (zip 94703) has seen the job market decrease by -9.0% over the last year. Future job growth over the next ten years is predicted to be 36.3%, which is higher than the US average of 33.5%.
Tax Rates for Berkeley (zip 94703)
- The Sales Tax Rate for Berkeley (zip 94703) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Berkeley (zip 94703) 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 Berkeley (zip 94703)
- The average income of a Berkeley (zip 94703) resident is $59,017 a year. The US average is $37,638 a year.
- The Median household income of a Berkeley (zip 94703) resident is $95,125 a year. The US average is $69,021 a year.