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San Jose city, CA
ZIP 95116 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Middle ClassLow Snow Area
Income, employment, industries, and economic trends
Income & Economy in San Jose city, CA (95116)
Median Income
$83,428
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+2,402
Wealth inflow
Population
48,816
Unemployment
4.1%
0.4pp above US avg
IRS migration statistics show a net inflow of about 2,402 for ZIP 95116 (San Jose city, CA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 95116 (2020–Present)
Since 2020, population declined 10.9%, median income rose 0.3% (inflation-adjusted), home values increased 15.6%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $83,428 |
| Unemployment | 4.1% |
| Establishments | 720 |
| Employees | 7,103 |