Marina del Rey, CA is a vibrant and diverse community located in the Los Angeles area. It offers a variety of amenities including award-winning restaurants, world-class marinas, and luxurious resorts. Not only does Marina del Rey provide spectacular views of the Pacific Ocean from its coastline but it also boasts popular attractions such as Fisherman’s Village, which offers entertainment, shopping and dining experiences. Furthermore, many well-known companies such as Sony Pictures Studios are based in Marina del Rey due to its close proximity to Hollywood. \nThe cost of living in Marina del Rey is higher than most cities in the United States with two bedroom rents averaging around $3,340 per month compared to $1,430 nationwide. Grocery costs also tend to be more expensive with a grocery index of 108 compared to 100 for the US overall. Despite these expenses, people often make the move to this California seaside town for its scenic beauty and its wide range of leisure activities.
Marina del Rey has an unemployment rate of 10.9%. The US average is 6.0%.
Marina del Rey has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.
Tax Rates for Marina del Rey
- The Sales Tax Rate for Marina del Rey is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Marina del Rey is 9.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Marina del Rey
- The average income of a Marina del Rey resident is $71,023 a year. The US average is $28,555 a year.
- The Median household income of a Marina del Rey resident is $132,746 a year. The US average is $69,021 a year.