Zip 95628 (Fair Oaks, CA) Economy


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Fair Oaks, CA (zip code 95628) is a great place to live for anyone looking for an affordable yet comfortable environment. The average 2 bedroom rent in Fair Oaks is $1,790 compared to $1,430 in the US. It also has a grocery cost index of 106 versus 100 in the US. Although it might be slightly more expensive than other places across the country, there are many advantages to living here such as convenience and access to amenities.
There are numerous local businesses in Fair Oaks that offer an array of services to residents including medical clinics, banks, grocery stores, restaurants, and more. Examples include Sprouts Farmers Market for groceries; Bank of America for banking needs; Sunshine Natural Foods Market for health food; and Marcello’s Pizza & Pasta for delicious Italian cuisine.
Overall, Fair Oaks offers an ideal balance between affordability and comfort without sacrificing quality of life. With its abundance of local businesses providing necessary services and goods combined with its relatively low rental costs compared to other cities across the country make it one of the most desirable places to call home.

Fair Oaks (zip 95628) has an unemployment rate of 7.4%. The US average is 6.0%.

Fair Oaks (zip 95628) 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 34.8%, which is higher than the US average of 33.5%.

Tax Rates for Fair Oaks (zip 95628)
- The Sales Tax Rate for Fair Oaks (zip 95628) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Fair Oaks (zip 95628) 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 Fair Oaks (zip 95628)
- The average income of a Fair Oaks (zip 95628) resident is $37,823 a year. The US average is $28,555 a year.
- The Median household income of a Fair Oaks (zip 95628) resident is $100,458 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFair Oaks, CaliforniaUnited States
  7.46
  -6.1%-6.2%
  34.8%33.5%
  7.8%6.2%
  8.0%4.6%
  $50,652$37,638
  $100,458$69,021
  $117,553$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  8.0%6.8%
  6.9%10.0%
  2.5%2.5%
  8.1%11.0%
  2.7%4.8%
  1.2%0.8%
  2.3%1.9%
  7.3%4.7%
  2.3%1.9%
  8.3%7.6%
  0.2%0.1%
  4.7%4.2%
  10.6%9.3%
  11.6%14.0%
  2.4%2.1%
  7.1%7.0%
  4.0%4.8%
  9.9%4.7%
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