Zip 93906 (Salinas, CA) Economy


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Salinas, California (93906) is a great city to live in. It has a median 2 bedroom rent of $2,920, which is much higher than the US median of $1,430. The grocery cost index for Salinas is 104 versus the US average of 100, meaning that groceries are slightly more expensive in Salinas than elsewhere in the US. There are plenty of options when it comes to businesses in Salinas. For example, there's F&F Construction Inc., an experienced general engineering contractor providing grading and paving services; JVZ Construction Inc., a family-run construction services company; and Jaynne Contractors Inc., offering full-service interior and exterior painting. With these three businesses alone, you can get just about any project done right here in Salinas.

Salinas (zip 93906) has an unemployment rate of 14.3%. The US average is 6.0%.

Salinas (zip 93906) 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 93906)
- The Sales Tax Rate for Salinas (zip 93906) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Salinas (zip 93906) 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 93906)
- The average income of a Salinas (zip 93906) resident is $20,120 a year. The US average is $28,555 a year.
- The Median household income of a Salinas (zip 93906) resident is $80,214 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%
  $28,045$37,638
  $80,214$69,021
  $80,112$85,028
  Population by Occupation
  12.7%1.2%
  0.1%0.5%
  7.6%6.8%
  7.3%10.0%
  3.8%2.5%
  10.2%11.0%
  3.9%4.8%
  1.4%0.8%
  1.7%1.9%
  1.6%4.7%
  1.2%1.9%
  3.2%7.6%
  0.0%0.1%
  5.4%4.2%
  6.4%9.3%
  13.3%14.0%
  1.3%2.1%
  7.7%7.0%
  4.9%4.8%
  6.2%4.7%
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