Zip 93905 (Salinas, CA) Economy


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Salinas, California (93905) is a city in Monterey County situated between the Santa Lucia Range and Salinas Valley. The two bedroom rent in this area is $2,400 which is higher than the average US two bedroom rent of $1,430. When it comes to grocery cost index, Salinas has an index of 104 versus the national index of 100 - indicating that groceries are slightly more expensive here.
The city is home to many successful local companies such as Taylor Farms, Tanimura & Antle Fresh Foods, Earthbound Farms and D’Arrigo Brothers Co., all of whom have been growing fresh produce in the region since they were established in the early 20th century. All four companies have grown significantly over time and now operate nationally as well as internationally with major clients such as Walmart and Whole Foods Market.

Salinas (zip 93905) has an unemployment rate of 14.3%. The US average is 6.0%.

Salinas (zip 93905) 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 23.3%, which is lower than the US average of 33.5%.

Tax Rates for Salinas (zip 93905)
- The Sales Tax Rate for Salinas (zip 93905) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Salinas (zip 93905) 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 Salinas (zip 93905)
- The average income of a Salinas (zip 93905) resident is $12,315 a year. The US average is $28,555 a year.
- The Median household income of a Salinas (zip 93905) resident is $63,694 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySalinas, CaliforniaUnited States
  14.36
  -8.1%-6.2%
  23.3%33.5%
  9.3%6.2%
  8.0%4.6%
  $17,504$37,638
  $63,694$69,021
  $62,797$85,028
  Population by Occupation
  35.0%1.2%
  0.0%0.5%
  7.6%6.8%
  5.7%10.0%
  2.0%2.5%
  10.1%11.0%
  3.5%4.8%
  0.4%0.8%
  0.2%1.9%
  0.6%4.7%
  0.4%1.9%
  1.9%7.6%
  0.0%0.1%
  5.4%4.2%
  6.1%9.3%
  7.7%14.0%
  0.6%2.1%
  6.0%7.0%
  3.5%4.8%
  3.3%4.7%
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