Zip 95124 (San Jose, CA) Economy


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San Jose, CA (with zip code 95124) is a large city with a wide variety of businesses and entertainment options for its residents. The average two-bedroom rent is $3,000, which is more than double the US national average of $1,430. Grocery costs in San Jose are also relatively high compared to the rest of the country, with an index of 116 versus 100 in the US. Local companies in this area include Adobe Systems Inc., Apple Inc., Cisco Systems Inc., eBay Inc., Hewlett Packard Enterprise Co., Hitachi Vantara Corp., Intel Corp., Oracle Corp., Samsung Electronics America Inc., and Western Digital Corporation. For those looking to live in San Jose, however, one must be prepared for the high cost of living associated with such a bustling metropolis.

San Jose (zip 95124) has an unemployment rate of 5.6%. The US average is 6.0%.

San Jose (zip 95124) 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 95124)
- The Sales Tax Rate for San Jose (zip 95124) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for San Jose (zip 95124) 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 95124)
- The average income of a San Jose (zip 95124) resident is $45,872 a year. The US average is $28,555 a year.
- The Median household income of a San Jose (zip 95124) resident is $165,344 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%
  $72,162$37,638
  $165,344$69,021
  $189,767$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  5.0%6.8%
  16.6%10.0%
  2.0%2.5%
  7.9%11.0%
  1.6%4.8%
  0.2%0.8%
  5.5%1.9%
  3.0%4.7%
  2.4%1.9%
  16.3%7.6%
  0.5%0.1%
  2.8%4.2%
  11.3%9.3%
  11.5%14.0%
  2.0%2.1%
  5.4%7.0%
  3.4%4.8%
  2.1%4.7%
Reviews for San Jose
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Over 2 years ago

This is a fantastic neighborhood. Good schools, nice people, a lot of working professional families and retired professionals. The down sides are the neighborhood could  More

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