94116 San Francisco, CA is a popular area to live in for its convenient location and lively atmosphere. The area has an estimated 2 Bedroom Rent of $3,170 and a Grocery Cost Index of 116 versus 100 in the US. This makes 94116 San Francisco, CA an expensive city to live in but it is worth it for those who want to experience all the vibrant culture it has to offer. Some local companies are Google, Airbnb, Twitter, Lyft and Dropbox which have offices there. With their presence, comes an influx of jobs and income opportunities, making the high cost of living easier to manage.
San Francisco (zip 94116) has an unemployment rate of 5.4%. The US average is 6.0%.
San Francisco (zip 94116) has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 39.1%, which is higher than the US average of 33.5%.
Tax Rates for San Francisco (zip 94116)
- The Sales Tax Rate for San Francisco (zip 94116) is 8.5%. The US average is 7.3%.
- The Income Tax Rate for San Francisco (zip 94116) 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 Francisco (zip 94116)
- The average income of a San Francisco (zip 94116) resident is $43,791 a year. The US average is $28,555 a year.
- The Median household income of a San Francisco (zip 94116) resident is $134,652 a year. The US average is $69,021 a year.