Zip 95121 (San Jose, CA) Economy


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San Jose, CA is a popular destination for many people looking to live in an exciting urban environment. The zip code 95121 boasts a cost of living that is slightly higher than the US average with rent for a two bedroom apartment reaching $2,780 per month. Additionally, the Grocery Cost Index of 112 versus 100 in the US shows that food is more expensive in this location. Despite these costs, San Jose offers some of the best job opportunities in terms of wages and job growth. Notable tech giants such as Amazon, Apple and Google have established their headquarters in this city providing jobs and career advancement opportunities to local residents. These companies contribute to the economic growth of San Jose while also making it a desirable place to live.

San Jose (zip 95121) has an unemployment rate of 5.6%. The US average is 6.0%.

San Jose (zip 95121) has seen the job market increase by 2.5% 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 95121)
- The Sales Tax Rate for San Jose (zip 95121) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for San Jose (zip 95121) 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 95121)
- The average income of a San Jose (zip 95121) resident is $27,820 a year. The US average is $28,555 a year.
- The Median household income of a San Jose (zip 95121) resident is $117,991 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySan Jose, CaliforniaUnited States
  5.66
  -7.1%-6.2%
  38.9%33.5%
  9.3%6.2%
  8.0%4.6%
  $39,679$37,638
  $117,991$69,021
  $124,395$85,028
  Population by Occupation
  0.7%1.2%
  0.1%0.5%
  4.6%6.8%
  18.3%10.0%
  2.1%2.5%
  9.9%11.0%
  2.6%4.8%
  0.3%0.8%
  1.7%1.9%
  3.5%4.7%
  1.5%1.9%
  10.1%7.6%
  0.1%0.1%
  4.9%4.2%
  6.3%9.3%
  16.3%14.0%
  2.1%2.1%
  6.6%7.0%
  5.4%4.8%
  2.9%4.7%
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