Jobs
What Fremont residents earn, who employs people here, which industries dominate, and how the job market is moving.
Click any number, card or table row to open its source in a new tab.
Figures last checked Oct 26, 2026. Each figure shows the date of its own source.
Headline numbers
Jobs in Fremont vs jobs held by residents
In the City’s Housing Element, Fremont had about 5% more jobs than employed residents, so on balance it draws in more workers than it sends out.
The first three cards come from one table in the City’s 2023–2031 Housing Element, which draws on Census LEHD data from about 2018 (jobs come from administrative records, employed residents from survey data). The 2024 residents count (Census ACS) and the 2023 ZIP-code job count (Census County Business Patterns, which covers a wider area than the city limits) use different methods and are not meant to be compared with them.
Largest employers
Fremont’s largest employers
Employees, as reported in the City’s FY2025 financial report (ties share a rank)| Item | Employees |
|---|---|
| Tesla, Inc. | 23,000 |
| Lam Research | 4,400 |
| Washington Hospital | 2,400 |
| Quanta Computer | 2,000 |
| Kaiser Permanente | 1,600 |
| Synnex (TD Synnex) | 1,400 |
| Western Digital | 1,100 |
| City of Fremont | 1,000 |
| Thermo Fisher Scientific | 1,000 |
| Fremont Unified School District | 800 |
| Boehringer Ingelheim | 800 |
| Sutter Health | 775 |
Employers, with sourcesShow details
Employers, with sources
| # | Employer | Employees | As of | Source |
|---|---|---|---|---|
| 1 | Tesla, Inc. | 23,000 | FY2025 | City of Fremont ACFR FY2025, Schedule 15: Principal Employers (p. 202) Open source for 1 (new tab) |
| 2 | Lam Research | 4,400 | FY2025 | City of Fremont ACFR FY2025, Schedule 15: Principal Employers (p. 202) Open source for 2 (new tab) |
| 3 | Washington Hospital | 2,400 | FY2025 | City of Fremont ACFR FY2025, Schedule 15: Principal Employers (p. 202) Open source for 3 (new tab) |
| 4 | Quanta Computer | 2,000 | FY2025 | City of Fremont ACFR FY2025, Schedule 15: Principal Employers (p. 202) Open source for 4 (new tab) |
| 5 | Kaiser Permanente | 1,600 | FY2025 | City of Fremont ACFR FY2025, Schedule 15: Principal Employers (p. 202) Open source for 5 (new tab) |
| 6 | Synnex (TD Synnex) | 1,400 | FY2025 | City of Fremont ACFR FY2025, Schedule 15: Principal Employers (p. 202) Open source for 6 (new tab) |
| 7 | Western Digital | 1,100 | FY2025 | City of Fremont ACFR FY2025, Schedule 15: Principal Employers (p. 202) Open source for 7 (new tab) |
| 8 | City of Fremont | 1,000 | FY2025 | City of Fremont ACFR FY2025, Schedule 15: Principal Employers (p. 202) Open source for 8 (new tab) |
| 8 | Thermo Fisher Scientific | 1,000 | FY2025 | City of Fremont ACFR FY2025, Schedule 15: Principal Employers (p. 202) Open source for 8 (new tab) |
| 10 | Fremont Unified School District | 800 | FY2025 | City of Fremont ACFR FY2025, Schedule 15: Principal Employers (p. 202) Open source for 10 (new tab) |
| 10 | Boehringer Ingelheim | 800 | FY2025 | City of Fremont ACFR FY2025, Schedule 15: Principal Employers (p. 202) Open source for 10 (new tab) |
| 12 | Sutter Health | 775 | FY2025 | City of Fremont ACFR FY2025, Schedule 15: Principal Employers (p. 202) Open source for 12 (new tab) |
The table lists 12 employers because of ties at 8th and 10th place. Compared with FY2024, Tesla is down from 25,000 to 23,000, Lam Research is up from 4,000 to 4,400, and Quanta Computer and Thermo Fisher Scientific are new to the list.
Wages
What Fremont residents earn, and the minimum wage. Wages by occupation are not published for Fremont alone.
Wages, in detailShow details
Wages, in detail
| Measure | Value | Covers | Source |
|---|---|---|---|
| Fremont city minimum wage (all employers) Up from $17.75 (Jul 1, 2025). California state minimum is $16.90 in 2026. Read Oct 24, 2026. | $18.05 | Effective Jul 1, 2026 | City of Fremont news release 'Fremont Minimum Wage Increase to $18.05 on July 1, 2026' (Apr 3, 2026) and official wage bulletin (opens in a new tab) |
| Fremont minimum wage the year before Read Oct 24, 2026. | $17.75 | Jul 1, 2025 - Jun 30, 2026 | City of Fremont minimum wage bulletin (multilingual notices) / Davis Wright Tremaine local minimum wage summary (opens in a new tab) |
| California state minimum wage Rises from $16.50 to $16.90 on Jan 1, 2026. Neighbouring local rates from Jul 1, 2026 (Davis Wright Tremaine summary): Emeryville $20.34, Berkeley $19.61, San Francisco $19.61, Milpitas $18.50, Alameda $17.76. Read Oct 26, 2026. | $16.90 | 2026 | California Department of Industrial Relations, news release 2025-118 (Dec 5, 2025) (opens in a new tab) |
| Median earnings, male Fremont residents (full-time, year-round) MOE ±$4,835. Data USA does not state whether 1-year or 5-year ACS; verify in ACS table S2001/B20017 on data.census.gov (JS-only, not fetchable here). Read Oct 24, 2026. | $122,523 | 2024 (ACS) | Data USA, Fremont, CA profile (Census ACS) (opens in a new tab) |
| Median earnings, female Fremont residents (full-time, year-round) MOE ±$3,133. Same caveat as male figure. Read Oct 24, 2026. | $79,251 | 2024 (ACS) | Data USA, Fremont, CA profile (Census ACS) (opens in a new tab) |
Where Fremont works
Industries Fremont residents work in
Share of employed residents, 2020–2024| Item | Share of workers |
|---|---|
| Professional, scientific, management and administrative | 27.7% |
| Education and health care | 17.7% |
| Manufacturing | 16.2% |
| Retail trade | 7.3% |
| Finance, insurance and real estate | 5.8% |
| Arts, entertainment, lodging and food service | 5.3% |
| Information | 5.2% |
How residents get to work
Workers 16 and over, 2020–2024| Item | Share of workers |
|---|---|
| Drove alone | 53.8% |
| Worked from home | 32.1% |
| Carpooled | 7.3% |
| Public transit | 3.8% |
| Other means | 1.8% |
| Walked | 1.2% |
Unemployment, in detailShow details
Unemployment, in detail
| Measure | Value | Covers | Source |
|---|---|---|---|
| Fremont unemployment rate (city, not seasonally adjusted) LAUS sub-county estimate, not seasonally adjusted; 5,323 unemployed in a labor force of 117,096. Checked against the BLS data API Oct 26, 2026. Sep 2026 city data due Oct 28, 2026. | 4.5% | Aug 2026 | U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics, Fremont city (series LAUCT062600000000003) (opens in a new tab) |
| Fremont unemployment rate one year earlier Same BLS series as the latest month; Jul 2026 was 4.4%. Read Oct 26, 2026. | 4.9% | Aug 2025 | U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics, Fremont city (series LAUCT062600000000003) (opens in a new tab) |
| Fremont unemployment rate as cited in a local agency financial report Official document quoting EDD city data; Newark 4.6%, Union City 4.8%, California 5.4%, US 4.1% in the same table. Read Oct 24, 2026. | 4.7% | Jun 2025 | Alameda County Water District, FY 2024/25 Annual Comprehensive Financial Report, Letter of Transmittal (pp. xiv-xv) (opens in a new tab) |
Businesses (City of Fremont figures)
| Measure | Value | Covers | Source |
|---|---|---|---|
| Advanced manufacturing companies based in Fremont Stated as 'over 900'. Read Oct 24, 2026. | 900 | Undated (City pages, read 2026) | City of Fremont Economic Development, City Profile and Local Economy Overview (opens in a new tab) |
| High-tech, life science and clean-tech firms in Fremont Stated as 'over 1,200'. 2023 State of the City separately cited 'more than 150 life sciences companies'. Read Oct 24, 2026. | 1,200 | Undated (City profile page, read 2026) | City of Fremont Economic Development, City Profile (opens in a new tab) |
| Small businesses in Fremont Stated as 'over 3,600'. No count of active business tax accounts was published. Read Oct 24, 2026. | 3,600 | Undated (City profile page, read 2026) | City of Fremont Economic Development, City Profile (opens in a new tab) |
| Eateries and restaurants in Fremont Read Oct 24, 2026. | 500 | Undated (City profile page, read 2026) | City of Fremont Economic Development, City Profile (opens in a new tab) |
| Workers covered by WARN layoff/closure notices filed for Fremont sites in 2025 Counts notices with a Fremont work-site address and a 2025 notice date. Largest were Confluent Medical Technologies (102), Celestica (72), Building Robotics (48) and Benchmark Precision (42). In 2026 so far, 6 Fremont notices covered 351 workers (largest: Canteen Vending 110, Meta 81, Kidango 59). Replaces an earlier figure (513) from an aggregator that included non-Fremont sites. Read Oct 26, 2026. | 358 | 2025 (12 notices) | California EDD, WARN reports for Jul 1, 2024 to Jun 30, 2025 and Jul 1, 2025 to Jun 30, 2026 (opens in a new tab) |
Workplaces
Commercial space: how much sits empty
Kidder Mathews, third quarter 2026| Market | Square feet | Total vacancy | Direct vacancy |
|---|---|---|---|
| Office (Fremont) | 5,271,095 | 20.5% | 6.9% Open source for Office (Fremont) (new tab) |
| Research and development (Fremont) | 17,745,059 | 11.5% | 9.2% Open source for Research and development (Fremont) (new tab) |
| Industrial (Fremont/Newark) | 58,575,070 | 6.8% | 5.4% Open source for Industrial (Fremont/Newark) (new tab) |
Where these numbers come from: 8 datasets used on this page
Each dataset below names its source and the date it was read. Full methodology and every source page are on the Sources page.