In 95835 Sacramento, CA, the average cost of a two-bedroom rental unit is $2,350 which is significantly higher than the national average of $1,430. This price increase can have a significant impact on local businesses in the area. Companies such as Amazon, Whole Foods Market, and CVS Pharmacy may all suffer from an increase in rents as their customers may spend less on their products due to limited funds caused by high housing costs. Other companies such as RE/MAX Premier Properties and Keller Williams Realty might benefit from these high rental prices as an increase in demand for real estate services could follow due to the rising cost of living in this area.
Sacramento (zip 95835) has an unemployment rate of 7.7%. The US average is 6.0%.
Sacramento (zip 95835) has seen the job market decrease by -6.1% over the last year. Future job growth over the next ten years is predicted to be 34.8%, which is higher than the US average of 33.5%.
Tax Rates for Sacramento (zip 95835)
- The Sales Tax Rate for Sacramento (zip 95835) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Sacramento (zip 95835) 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 Sacramento (zip 95835)
- The average income of a Sacramento (zip 95835) resident is $45,767 a year. The US average is $37,638 a year.
- The Median household income of a Sacramento (zip 95835) resident is $106,843 a year. The US average is $69,021 a year.