94061 Redwood City, CA is a great place to call home. The 2 bedroom rent is higher than the US average at $3,460 per month. Grocery costs are slightly higher than the US with an index of 118 versus 100 in the US. There are many amenities available for local residents including several parks nearby like Edgewood Park and Valley Oak Park. There are also plenty of dining options such as Olive Garden, Red Lobster and Panera Bread. Shopping destinations include Target, Walmart and Kohl’s Department Store. For entertainment, there are movie theaters like CinéArts Sequoia Theater and The Fox Theatre. In addition to these attractions, 94061 Redwood City also offers a range of job opportunities from local companies such as Embark Veterinary Inc., Redwood Technologies Group and Boeing Company.
Redwood City (zip 94061) has an unemployment rate of 4.4%. The US average is 6.0%.
Redwood City (zip 94061) has seen the job market decrease by -9.5% over the last year. Future job growth over the next ten years is predicted to be 37.0%, which is higher than the US average of 33.5%.
Tax Rates for Redwood City (zip 94061)
- The Sales Tax Rate for Redwood City (zip 94061) is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Redwood City (zip 94061) 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 Redwood City (zip 94061)
- The average income of a Redwood City (zip 94061) resident is $64,811 a year. The US average is $37,638 a year.
- The Median household income of a Redwood City (zip 94061) resident is $131,140 a year. The US average is $69,021 a year.