94305 Stanford, CA is the home of Stanford University, a well-known and highly prestigious college. This area is known for its high quality of life due to its beautiful weather and great amenities. The 2 bedroom rent in this area is $2,610 which is much higher than the national average of $1,430. Also the grocery cost index here is 126 versus 100 in the US. Residents in 94305 Stanford have access to plenty of local companies and activities such as Levi’s Stadium where San Francisco 49ers play their games or the Great America Theme Park which provides endless entertainment for kids all day long. There are also many great restaurants located around the area such as Chick-fil-A, Panda Express or Ike's Love & Sandwiches that provide local goodies from around town.
Stanford (zip 94305) has an unemployment rate of 5.1%. The US average is 6.0%.
Stanford (zip 94305) 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 39.5%, which is higher than the US average of 33.5%.
Tax Rates for Stanford (zip 94305)
- The Sales Tax Rate for Stanford (zip 94305) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Stanford (zip 94305) 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 Stanford (zip 94305)
- The average income of a Stanford (zip 94305) resident is $30,569 a year. The US average is $28,555 a year.
- The Median household income of a Stanford (zip 94305) resident is $67,224 a year. The US average is $69,021 a year.