Zip 93703 (Fresno, CA) Economy


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The city of Fresno, California (93703) has an average two-bedroom rent of $1,190, which is about $240 less than the national two-bedroom rate of $1,430. The grocery cost index in Fresno is slightly lower than the national average at 98 compared to 100 nationwide. Fresnans enjoy a wide range of services provided by local businesses. Two notable companies are Advanced Flooring Systems Inc., a flooring contractor that provides tile installation and repair services, and Farwood Construction Co., which specializes in home remodeling and design. Combined these businesses offer homeowners in Fresno the opportunity to upgrade their living space with quality service.

Fresno (zip 93703) has an unemployment rate of 7.9%. The US average is 6.0%.

Fresno (zip 93703) has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 32.9%, which is lower than the US average of 33.5%.

Tax Rates for Fresno (zip 93703)
- The Sales Tax Rate for Fresno (zip 93703) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Fresno (zip 93703) 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 Fresno (zip 93703)
- The average income of a Fresno (zip 93703) resident is $11,273 a year. The US average is $28,555 a year.
- The Median household income of a Fresno (zip 93703) resident is $35,526 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFresno, CaliforniaUnited States
  7.96
  -5.3%-6.2%
  32.9%33.5%
  8.0%6.2%
  8.0%4.6%
  $17,447$37,638
  $35,526$69,021
  $43,071$85,028
  Population by Occupation
  4.5%1.2%
  0.0%0.5%
  7.8%6.8%
  7.9%10.0%
  3.4%2.5%
  13.2%11.0%
  5.1%4.8%
  0.5%0.8%
  0.7%1.9%
  1.3%4.7%
  1.6%1.9%
  2.4%7.6%
  0.0%0.1%
  8.5%4.2%
  5.0%9.3%
  17.5%14.0%
  1.4%2.1%
  10.6%7.0%
  3.9%4.8%
  4.8%4.7%
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