Zip 94089 (Sunnyvale, CA) Economy


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94089 Sunnyvale, CA is an area with a thriving economy boosted by top tier companies like Apple, Google and LinkedIn. The cost of living in 94089 is quite high compared to the US average as evidenced by a two bedroom rent that is nearly 2.5 times higher than the national average at $3,660 monthly. Similarly, grocery costs are 15% higher in 94089 than across the US with an index of 115 versus 100. Nevertheless, residents are attracted to 94089 for its employment opportunities and solid infrastructure.

Sunnyvale (zip 94089) has an unemployment rate of 3.9%. The US average is 6.0%.

Sunnyvale (zip 94089) 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 94089)
- The Sales Tax Rate for Sunnyvale (zip 94089) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Sunnyvale (zip 94089) 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 94089)
- The average income of a Sunnyvale (zip 94089) resident is $38,070 a year. The US average is $28,555 a year.
- The Median household income of a Sunnyvale (zip 94089) resident is $136,983 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySunnyvale, CaliforniaUnited States
  3.96
  -7.1%-6.2%
  41.4%33.5%
  9.0%6.2%
  8.0%4.6%
  $70,109$37,638
  $136,983$69,021
  $150,464$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  3.1%6.8%
  20.0%10.0%
  1.7%2.5%
  6.9%11.0%
  2.5%4.8%
  0.6%0.8%
  10.6%1.9%
  2.8%4.7%
  1.2%1.9%
  23.0%7.6%
  0.0%0.1%
  4.4%4.2%
  4.4%9.3%
  9.1%14.0%
  1.0%2.1%
  3.8%7.0%
  3.0%4.8%
  1.3%4.7%
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