Zip 94542 (Hayward, CA) Economy


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94542 Hayward, CA is a great place to live with its mild climate and easy access to major highways. The average 2 bedroom rent in 94542 Hayward, CA is $2,750 which is much higher than the US average of $1,430. Grocery costs are also higher in this area with the Grocery Cost Index sitting at 112 versus 100 in the US. If you're looking for work in 94542 Hayward, CA there are plenty of companies to choose from such as Walmart, Target, Safeway and Whole Foods. There are also many large employers such as Kaiser Permanente and Sutter Health that offer excellent job opportunities in the area.

Hayward (zip 94542) has an unemployment rate of 7.9%. The US average is 6.0%.

Hayward (zip 94542) 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 36.1%, which is higher than the US average of 33.5%.

Tax Rates for Hayward (zip 94542)
- The Sales Tax Rate for Hayward (zip 94542) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Hayward (zip 94542) 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 Hayward (zip 94542)
- The average income of a Hayward (zip 94542) resident is $37,991 a year. The US average is $28,555 a year.
- The Median household income of a Hayward (zip 94542) resident is $121,563 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHayward, CaliforniaUnited States
  7.96
  -9.0%-6.2%
  36.1%33.5%
  9.8%6.2%
  8.0%4.6%
  $52,417$37,638
  $121,563$69,021
  $129,934$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  5.1%6.8%
  8.4%10.0%
  3.2%2.5%
  9.6%11.0%
  6.3%4.8%
  0.5%0.8%
  3.3%1.9%
  4.3%4.7%
  3.3%1.9%
  12.2%7.6%
  0.8%0.1%
  3.1%4.2%
  11.9%9.3%
  11.9%14.0%
  2.0%2.1%
  6.3%7.0%
  5.7%4.8%
  2.3%4.7%
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