95118 San Jose, CA is an attractive place to live with its 2 bedroom rental prices averaging $2,660. This is higher than the national average of $1,430. Grocery costs in the area are also significantly higher than in other parts of the US with a cost index of 115 versus 100. The area is known for its world-renowned technology companies such as Apple, Google, Cisco and Adobe Systems. There are also many other local companies such as eBay, Symantec Corporation and Sun Microsystems. 95118 San Jose, CA is a great place to be for those interested in living close to some of the most influential companies in the world today.
San Jose (zip 95118) has an unemployment rate of 5.6%. The US average is 6.0%.
San Jose (zip 95118) 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 95118)
- The Sales Tax Rate for San Jose (zip 95118) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for San Jose (zip 95118) 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 95118)
- The average income of a San Jose (zip 95118) resident is $57,696 a year. The US average is $37,638 a year.
- The Median household income of a San Jose (zip 95118) resident is $130,745 a year. The US average is $69,021 a year.