94087 Sunnyvale, CA is one of the most expensive places to live in California. The average rent for a two-bedroom apartment in this area is $3,220, more than double the national average of $1,430. Additionally, the grocery cost index in 94087 Sunnyvale is 121 versus 100 in the US which means food products are 21% more expensive than other parts of the country. \nSome major local companies located here include Yahoo!, LinkedIn, and Apple Inc. Many tech companies have set up their headquarters in this area due to its close proximity to San Francisco and Silicon Valley. There are also many small businesses such as restaurants, retail stores, and other services that cater to the local population. With its high cost of living and vibrant job market, 94087 Sunnyvale continues to be an attractive destination for those looking for employment opportunities or housing options.
Sunnyvale (zip 94087) has an unemployment rate of 3.9%. The US average is 6.0%.
Sunnyvale (zip 94087) 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 41.4%, which is higher than the US average of 33.5%.
Tax Rates for Sunnyvale (zip 94087)
- The Sales Tax Rate for Sunnyvale (zip 94087) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Sunnyvale (zip 94087) 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 Sunnyvale (zip 94087)
- The average income of a Sunnyvale (zip 94087) resident is $55,937 a year. The US average is $28,555 a year.
- The Median household income of a Sunnyvale (zip 94087) resident is $178,128 a year. The US average is $69,021 a year.