Santa Clara, CA (ZIP Code 95050) is a city with plenty to offer for those who want to live close to thriving businesses and cultural attractions. In terms of housing, the two-bedroom rent in Santa Clara averages $2,710, which is much higher than the US average of $1,430. Additionally, the grocery cost index in Santa Clara is 115 compared to 100 on an average national basis. Here, one can find big companies such as Intel Corporation and Oracle Corporation that are headquartered in this city. In conclusion, Santa Clara offers a great lifestyle with wonderful views and amenities but comes at a higher price than most other cities due to its cost of living.
Santa Clara (zip 95050) has an unemployment rate of 4.4%. The US average is 6.0%.
Santa Clara (zip 95050) 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 39.2%, which is higher than the US average of 33.5%.
Tax Rates for Santa Clara (zip 95050)
- The Sales Tax Rate for Santa Clara (zip 95050) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Santa Clara (zip 95050) 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 Santa Clara (zip 95050)
- The average income of a Santa Clara (zip 95050) resident is $56,570 a year. The US average is $37,638 a year.
- The Median household income of a Santa Clara (zip 95050) resident is $107,311 a year. The US average is $69,021 a year.