Zip 94598 (Walnut Creek, CA) Economy


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Walnut Creek, CA, with zip code 94598 is a beautiful suburban area with many desirable amenities. With an average 2 Bedroom rent of $3,390 per month, it is slightly more expensive than the US average of $1,430 per month. Additionally, the Grocery Cost Index in Walnut Creek stands at 113 compared to 100 in the US. Despite a higher cost of living relative to the rest of the country, residents enjoy living in this vibrant metropolitan area due to its proximity to San Francisco and Oakland. There are plenty of employment opportunities available from tech companies such as Oracle and Kaiser Permanente or retail centers like Broadway Plaza and Sunvalley Shopping Center. Walnut Creek also offers ample recreational activities including Mount Diablo State Park, Lindsay Wildlife Experience Museum, Heather Farm Park and Gardens as well as several golf clubs for outdoor enthusiasts.

Walnut Creek (zip 94598) has an unemployment rate of 5.0%. The US average is 6.0%.

Walnut Creek (zip 94598) has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 36.4%, which is higher than the US average of 33.5%.

Tax Rates for Walnut Creek (zip 94598)
- The Sales Tax Rate for Walnut Creek (zip 94598) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Walnut Creek (zip 94598) 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 Walnut Creek (zip 94598)
- The average income of a Walnut Creek (zip 94598) resident is $57,634 a year. The US average is $28,555 a year.
- The Median household income of a Walnut Creek (zip 94598) resident is $166,534 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWalnut Creek, CaliforniaUnited States
  56
  -9.0%-6.2%
  36.4%33.5%
  8.3%6.2%
  8.0%4.6%
  $85,421$37,638
  $166,534$69,021
  $200,050$85,028
  Population by Occupation
  0.3%1.2%
  0.3%0.5%
  3.5%6.8%
  5.7%10.0%
  2.0%2.5%
  6.4%11.0%
  2.6%4.8%
  1.1%0.8%
  2.9%1.9%
  10.0%4.7%
  2.2%1.9%
  24.3%7.6%
  0.1%0.1%
  2.4%4.2%
  11.5%9.3%
  13.3%14.0%
  3.2%2.1%
  3.7%7.0%
  1.4%4.8%
  3.0%4.7%
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