Zip 95616 (Davis, CA) Economy


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Davis, California is a vibrant and lively city with a population of roughly 67,000 people. Located just outside of Sacramento, Davis is home to several major companies such as Genentech, Yolo County Office of Education, and the University of California Davis. The average 2-bedroom rent for this area in 95616 Davis is $2,280 which is slightly higher than the national average of $1,430. The cost of groceries here is also slightly higher than the national index – about 111 versus 100 in the US according to Numbeo's Cost of Living Index. All in all, living in 95616 Davis is quite affordable compared to other cities across the US.

Davis (zip 95616) has an unemployment rate of 3.9%. The US average is 6.0%.

Davis (zip 95616) has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 35.4%, which is higher than the US average of 33.5%.

Tax Rates for Davis (zip 95616)
- The Sales Tax Rate for Davis (zip 95616) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Davis (zip 95616) 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 Davis (zip 95616)
- The average income of a Davis (zip 95616) resident is $27,596 a year. The US average is $28,555 a year.
- The Median household income of a Davis (zip 95616) resident is $66,205 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDavis, CaliforniaUnited States
  3.96
  -6.1%-6.2%
  35.4%33.5%
  8.3%6.2%
  8.0%4.6%
  $36,909$37,638
  $66,205$69,021
  $151,151$85,028
  Population by Occupation
  1.0%1.2%
  0.0%0.5%
  1.9%6.8%
  3.7%10.0%
  0.7%2.5%
  7.0%11.0%
  2.7%4.8%
  0.5%0.8%
  1.0%1.9%
  1.2%4.7%
  1.3%1.9%
  11.3%7.6%
  0.0%0.1%
  1.6%4.2%
  35.4%9.3%
  8.1%14.0%
  2.7%2.1%
  11.0%7.0%
  3.4%4.8%
  5.4%4.7%
Health