San Antonio, TX is a great place for those looking for an affordable cost of living. Specifically, the rent for a two bedroom apartment in this city is only $1,330 compared to the U.S average of $1,430. Additionally, the grocery cost index here is 93 versus 100 nation-wide. These factors make San Antonio an attractive option for people looking to get the most bang for their buck.
This city has also become home to many major companies including USAA, Morgan Stanley and Rackspace Hosting - which are all active in the finance and technology industries respectively. USAA provides financial services to millions of members around the world who have served in the military or come from military families; Morgan Stanley offers investment banking services to individuals and institutions; while Rackspace Hosting provides cloud computing solutions to thousands of businesses worldwide. All three are important parts of San Antonio's economy and help contribute to its growth and development as a top destination for people looking for a high quality of life without breaking their budget.
San Antonio (zip 78216) has an unemployment rate of 6.6%. The US average is 6.0%.
San Antonio (zip 78216) has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 39.6%, which is higher than the US average of 33.5%.
Tax Rates for San Antonio (zip 78216)
- The Sales Tax Rate for San Antonio (zip 78216) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for San Antonio (zip 78216) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for San Antonio (zip 78216)
- The average income of a San Antonio (zip 78216) resident is $32,600 a year. The US average is $37,638 a year.
- The Median household income of a San Antonio (zip 78216) resident is $50,362 a year. The US average is $69,021 a year.