Berkeley, California (94720) is an amazing city with a lot to offer! With the 2 bedroom rent at $2,520, it is slightly higher than the US average of $1,430. The area also has a Grocery Cost Index of 112 compared to 100 in the US. There are many local companies which make Berkeley a great place to live and work including Berkeley Bowl Market Place, Himalayan Flavors Indian Cuisine, and Super Duper Burger. As for things to do in Berkeley, there are plenty of attractions such as The Lawrence Hall of Science, Tilden Regional Park, and Fourth Street Shopping District. With so much to offer in terms of work and play, it’s no wonder why Berkeley is such a great place to call home.
Berkeley (zip 94720) has an unemployment rate of 5.1%. The US average is 6.0%.
Berkeley (zip 94720) 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 94720)
- The Sales Tax Rate for Berkeley (zip 94720) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Berkeley (zip 94720) 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 94720)
- The average income of a Berkeley (zip 94720) resident is $7,470 a year. The US average is $37,638 a year.
- The Median household income of a Berkeley (zip 94720) resident is $0 a year. The US average is $69,021 a year.