Jobs in Santa Clara, California, United States
With an average price over $1 million, homes in Santa Clara are some of the rare few whose value hasn’t depreciated in the past decade. Instead, they have appreciated by 32% in the past ten years; 48% in the past five years; and 13% in the past year.
Logically, higher property values mean higher mortgage payments — contributing to a higher overall cost of living. On a cost of living index, the national average is 100. Ratings above 100 indicate a higher cost of living, below 100 lower. Santa Clara’s score is 251.
Housing costs are the primary reason for Santa Clara’s absurd rating. Even renters pay far above the national average for the size of their apartments with studios going for almost $1400 a month; 1-bedrooms at about $1600; 2-bedrooms at $2000; 3-bedrooms at $2800; and 4-bedrooms at $3100.
Employment Opportunities for Artists, Educators and Entertainers
While significantly higher than the national average at $93k, there’s still an imbalance between the average income of Santa Clara’s residents and their exorbitant living expenses. Almost 28% of the city’s population have salaries under $75k. Over 45% earn over $100k; 25% over $150k; and almost 14% of residents rake in over $200k a year.
In the past year, the city has experienced over 3% job growth. Projections estimate a continued increase to about 40% over the next decade. IT technicians stand atop the income bracket with average salaries around $112k. Engineers, architects, and corporate management also have six-figure salaries with averages of $103k and $101k.
Santa Clara holds a wealth of opportunity for educators, artists and entertainers. Those employed in a position related to these fields make up over 15% of the population — twice as much as the national average.
Very Little Violent Crime
Most people are willing to work harder for more pay. With average salaries for law enforcement at $91k, this may be a factor in Santa Clara’s exceedingly low crime rates. On a scale from 1 (little crime) to 100 (excessive crime), the US average for violent crime is about 31. On the same scale, Santa Clara scored a 13. Property crime rates are significantly higher — par with the national average.
Warm Winters, Mild Summers
Santa Clara’s residents enjoy a warm, comfortable climate with temperatures ranging from a low of 41° F in January to a high of 81° in July. Rainfall is sparse with only 37 rainy days last year.
The city’s attractions include the Great America theme park, Levi’s Stadium and the Intel Museum. With its warm weather, low crime rates and high earning opportunities, Santa Clara holds a lot of potential for would-be residents.
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