Mill Valley, CA is an upscale city in northern California that has become a desirable area for many to live in. Home to numerous companies such as Autodesk, Tibco Software, and Equinox Fitness, Mill Valley offers job opportunities as well as recreational activities and attractions like the Mill Valley Film Festival and Muir Woods National Monument. The cost of living is higher than the national average; rent for a two-bedroom residence is $3,500 compared to the US's rate of $1,430 while the grocery cost index is 118 versus 100 in the US. Despite this high cost of living, many people are drawn to Mill Valley because of its beauty, culture and proximity to San Francisco.
Mill Valley has an unemployment rate of 4.8%. The US average is 6.0%.
Mill Valley has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 33.4%, which is lower than the US average of 33.5%.
Tax Rates for Mill Valley
- The Sales Tax Rate for Mill Valley is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Mill Valley 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 Mill Valley
- The average income of a Mill Valley resident is $87,627 a year. The US average is $28,555 a year.
- The Median household income of a Mill Valley resident is $179,529 a year. The US average is $69,021 a year.