Santa Clara County · California · West · 79k residents
Milpitas, CA: economy, jobs & business costs
The site-selection read on Milpitas: labor costs, talent, corporate tax, energy, and business activity, with the California median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $4,064/wk. California's corporate income tax rate is 8.84%. Commercial electricity averages 25.5¢/kWh.
Compare Milpitas side by side
Avg. weekly wage
$4,064/wk
Corporate income tax
8.84%
Bachelor's degree or higher
58.2%
Commercial electricity
25.5¢/kWh
Economic momentum
How fast Milpitas's economy is moving, ranked against the US cities we track.
71/100
Heating
Ranks Milpitas's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $1,251,700 |
| Price per sq. ft. | $470 |
| Property tax rate | 0.75% |
| 1-bedroom rent | $2,712/mo |
| 2-bedroom rent | $3,276/mo |
| State & local income tax | 2.09% |
| Sales tax | 8.8% |
| Corporate income tax | 8.84% |
| Avg. weekly wage | $4,064/wk |
| Bachelor's degree or higher | 58.2% |
| Commercial electricity | 25.5¢/kWh |
| Businesses per 1k residents | 45.4/1k |
| Wage: Software developer | $213,110 |
| Wage: Registered nurse | $216,740 |
| Wage: General manager | $163,860 |
| Wage: Customer service | $60,480 |
| Wage: Warehouse worker | $44,970 |
| Wage: Heavy truck driver | $70,730 |
| Wage: Electrician | $91,030 |
| Wage: Retail salesperson | $44,220 |
| Cost of living index | 184 |
| Groceries index | 112 |
| Utilities | $245/mo |
| Transit pass | $90/mo |
| Gas price | $4.80/gal |
| Healthcare index | 108 |
| Childcare (per child) | $1,450/mo |
| Median household income | $178,798 |
| Unemployment rate | 5.2% |
| Population | 79k |
| Crime index | 52/100 |
| School rating | 5.5/10 |
| Walkability | 34/100 |
| Disaster risk | 100/100 |
| Avg. commute | 29 min |
| Sunny days / year | 260 days |
| July high | 81°F |
| January low | 42°F |
| Annual snowfall | — |
| Home price YoY | -2.5% |
| Home price MoM | -0.8% |
| Rent YoY | +6.0% |
| Rent MoM | +0.7% |
| Employment (jobs) YoY | +0.3% |
| Building permits YoY | +196.1% |
| Ocean coast | 32 mi |
| Big lake | 82 mi |
| Mountains | 15 mi |
| Major airport | 6 mi |
| Ski resort | 131 mi |
Popular comparisons
Nearby
- San Jose, CA · 990k
- Santa Clara, CA · 130k
- Mountain View, CA · 84k
- Sunnyvale, CA · 154k
- Fremont, CA · 228k
Similar size
- Napa, CA · 78k
- Tustin, CA · 79k
- Chino Hills, CA · 78k
- Upland, CA · 79k
- Lakewood, CA · 80k
Real listings in Milpitas
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Milpitas a good place to run a business?
- California's corporate income tax rate is 8.84%; average weekly wages in the surrounding labor market run $4,064/wk; commercial electricity averages 25.5¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Milpitas, CA?
- Milpitas indexes at 184 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $3,276/mo and a acs median home value of $1,251,700.
- How much does a house cost in Milpitas?
- The acs median home value in Milpitas is $1,251,700 (Census ACS estimate; individual listings vary).
- How much is rent in Milpitas?
- A two-bedroom in Milpitas rents for about $3,276/mo.