Zip 94553 (Martinez, CA) Economy


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Martinez, CA is a city located in Contra Costa County with a population of 36,719. The 2 bedroom rent in Martinez is $2,220 per month which is slightly higher than the US average of $1,430. Additionally, the Grocery Cost Index for Martinez is 110 versus the 100 of the US average. \nThis city offers plenty of local amenities including John Muir Medical Center and Waterworld California that appeal to all ages. Some companies with headquarters in Martinez include Chevron Corporation and Shell Oil Company as well as several small businesses such as B&B Pizza Parlor and Happy Hour Cafe. \nWhen compared to Oakland, CA which has an estimated population of 424,998 and 2 bedroom rent averaging $2,389 monthly with a Grocery Cost Index of 113 then it becomes apparent that despite their close proximity Martinez has much more affordable rent prices while still offering comparable grocery costs.

Martinez (zip 94553) has an unemployment rate of 5.8%. The US average is 6.0%.

Martinez (zip 94553) 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 36.3%, which is higher than the US average of 33.5%.

Tax Rates for Martinez (zip 94553)
- The Sales Tax Rate for Martinez (zip 94553) is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Martinez (zip 94553) 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 Martinez (zip 94553)
- The average income of a Martinez (zip 94553) resident is $36,836 a year. The US average is $28,555 a year.
- The Median household income of a Martinez (zip 94553) resident is $110,971 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMartinez, CaliforniaUnited States
  5.86
  -9.0%-6.2%
  36.3%33.5%
  8.8%6.2%
  8.0%4.6%
  $54,569$37,638
  $110,971$69,021
  $135,232$85,028
  Population by Occupation
  0.2%1.2%
  0.1%0.5%
  8.4%6.8%
  5.8%10.0%
  2.1%2.5%
  10.7%11.0%
  3.2%4.8%
  1.3%0.8%
  2.4%1.9%
  5.2%4.7%
  1.8%1.9%
  10.0%7.6%
  0.2%0.1%
  3.9%4.2%
  9.9%9.3%
  14.5%14.0%
  1.9%2.1%
  5.1%7.0%
  5.8%4.8%
  7.5%4.7%
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