San Jose, CA — income, home value, property tax, and sales tax.
In ZIP code 95129, part of San Jose, the median home value sits at roughly $2,000,001 — a figure that dwarfs the area's $195,708 median household income and $86,257 per-capita income. Even with an effective property tax rate of just 0.67% at the county level, that valuation still generates a substantial annual bill, since the rate applies to an exceptionally high assessment base. Layered on top is a 10.00% combined sales tax, which raises the cost of everyday purchases. Together, steep home prices and elevated consumption taxes shape a demanding cost-of-living picture despite strong local earnings.
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