Zip 95122 (San Jose, CA) Economy


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San Jose is a vibrant and rapidly growing city located in Northern California. It is the largest city in the Bay Area and home to major tech companies such as Adobe, Apple, eBay, and Cisco. The 2 bedroom rent for 95122 San Jose is $2,600 compared to the US average of $1,430. Additionally, within 95122 San Jose the grocery cost index is 111 versus 100 in the US. All this makes 95122 San Jose an appealing place to live and work for many people looking to take advantage of the booming economy due to its proximity to Silicon Valley.

San Jose (zip 95122) has an unemployment rate of 5.6%. The US average is 6.0%.

San Jose (zip 95122) has seen the job market decrease by -7.1% over the last year. Future job growth over the next ten years is predicted to be 38.9%, which is higher than the US average of 33.5%.

Tax Rates for San Jose (zip 95122)
- The Sales Tax Rate for San Jose (zip 95122) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for San Jose (zip 95122) 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 San Jose (zip 95122)
- The average income of a San Jose (zip 95122) resident is $26,102 a year. The US average is $37,638 a year.
- The Median household income of a San Jose (zip 95122) resident is $90,984 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySan Jose, CaliforniaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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