Berkeley, CA (zip code 94704) is a bustling city known for its vibrant culture and rich history. The cost of living here is higher than the national average but still within an affordable range for many people. The 2 bedroom rent in Berkeley is $2,390 compared to the US average of $1,430. Additionally, the grocery cost index here is 113 versus 100 in the US.
Berkeley has a wide variety of local businesses such as Caffè Strada, Acme Bread Company, and La Note Restaurant Provencal. There are also plenty of options for entertainment such as The Berkeley Repertory Theatre, UC Berkeley Art Museum & Pacific Film Archive and the world-famous Greek Theatre. With so much to do and see in Berkeley, it's no surprise that so many people call this city home.
Berkeley (zip 94704) has an unemployment rate of 5.1%. The US average is 6.0%.
Berkeley (zip 94704) has seen the job market increase by 1.4% 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 94704)
- The Sales Tax Rate for Berkeley (zip 94704) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Berkeley (zip 94704) 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 94704)
- The average income of a Berkeley (zip 94704) resident is $21,062 a year. The US average is $28,555 a year.
- The Median household income of a Berkeley (zip 94704) resident is $46,913 a year. The US average is $69,021 a year.