Berkeley, California is a vibrant college town located in the San Francisco Bay Area and the home of the prestigious University of California Berkeley. The average rent for a two-bedroom apartment in Berkeley is $2,320 which is much higher than the current US average of $1,430. Additionally, the Grocery Cost Index in Berkeley is 112 compared to 100 in the US. In terms of local businesses, there are many popular places to explore within the city limits such as Ashby Market, Cafe Gratitude Berkeley, CVS Pharmacy, Cole Hardware & Paint Center and Monterey Market. Furthermore, Berkeley also has great restaurants ranging from Mexican cuisine to vegan options like Comal and Bakesale Betty's. With so many local businesses to choose from, there’s something for everyone visiting this vibrant city!
Berkeley (zip 94710) has an unemployment rate of 5.1%. The US average is 6.0%.
Berkeley (zip 94710) 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 94710)
- The Sales Tax Rate for Berkeley (zip 94710) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Berkeley (zip 94710) 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 94710)
- The average income of a Berkeley (zip 94710) resident is $35,918 a year. The US average is $28,555 a year.
- The Median household income of a Berkeley (zip 94710) resident is $105,729 a year. The US average is $69,021 a year.