Zip 94402 (San Mateo, CA) Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
San Mateo, California is a great place to live and work. The two-bedroom rent in the city is $3,530, which is much higher than the national average of $1,430. This high cost of rent reflects San Mateo’s popular job market; the city is home to many large companies including Oracle Corporation, SolarCity, and GoPro Inc. To offset the higher rent costs, San Mateo boasts a low Grocery Cost Index of 120 compared to the US at 100 – meaning that groceries are actually cheaper in this city than they are nationwide. For example, an item like a dozen eggs that usually costs about $2.00 in most US cities would only be around $1.60 in San Mateo.

San Mateo (zip 94402) has an unemployment rate of 4.4%. The US average is 6.0%.

San Mateo (zip 94402) has seen the job market decrease by -9.5% over the last year. Future job growth over the next ten years is predicted to be 38.7%, which is higher than the US average of 33.5%.

Tax Rates for San Mateo (zip 94402)
- The Sales Tax Rate for San Mateo (zip 94402) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for San Mateo (zip 94402) 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 Mateo (zip 94402)
- The average income of a San Mateo (zip 94402) resident is $90,722 a year. The US average is $37,638 a year.
- The Median household income of a San Mateo (zip 94402) resident is $170,688 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySan Mateo, 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%
Reviews for San Mateo
    See all ()

Beautiful ornate homes within walking distance of downtown San Mateo's unique shops and resturants. Wonderful place to live, if you can afford  More

   |    Reply

Start Your Review of San Mateo

Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.