Zip 95062 (Live Oak, CA) Economy


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Live Oak, CA (95062) is an idyllic town located in Santa Cruz County. With a cost of living index of 112, it's slightly more expensive than the US average of 100. The 2 bedroom rent in Live Oak is $3,340, which is significantly higher than the US average of $1,430. Despite having higher costs, many people are attracted to the area due to its beautiful scenery and amenities such as a low crime rate and ample employment opportunities. Popular local companies in or near Live Oak include Santa Cruz Bicycles, Central Coast Climbing Gym, Monterey Bay Aquarium, and O'Neill Sea Odyssey. These companies all provide excellent services that contribute to making Live Oak an amazing place for both locals and tourists alike.

Live Oak (zip 95062) has an unemployment rate of 8.1%. The US average is 6.0%.

Live Oak (zip 95062) has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 31.0%, which is lower than the US average of 33.5%.

Tax Rates for Live Oak (zip 95062)
- The Sales Tax Rate for Live Oak (zip 95062) is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Live Oak (zip 95062) 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 Live Oak (zip 95062)
- The average income of a Live Oak (zip 95062) resident is $33,366 a year. The US average is $28,555 a year.
- The Median household income of a Live Oak (zip 95062) resident is $91,801 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLive Oak, CaliforniaUnited States
  8.16
  -9.8%-6.2%
  31.0%33.5%
  8.5%6.2%
  8.0%4.6%
  $54,310$37,638
  $91,801$69,021
  $116,290$85,028
  Population by Occupation
  1.1%1.2%
  0.0%0.5%
  6.6%6.8%
  7.3%10.0%
  2.5%2.5%
  9.3%11.0%
  2.2%4.8%
  0.7%0.8%
  2.5%1.9%
  2.6%4.7%
  2.3%1.9%
  10.1%7.6%
  0.0%0.1%
  4.8%4.2%
  14.5%9.3%
  13.8%14.0%
  3.7%2.1%
  9.2%7.0%
  4.5%4.8%
  2.4%4.7%
Health