Capitola, CA Economy


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Capitola, CA is a small beach city located along the coast of California. It offers a unique combination of beaches, shopping, restaurants, and entertainment that make it an attractive place to live. The average rent for a two bedroom apartment is $3,400 making Capitola more expensive than most parts of the US with an average 2 bedroom rental cost of $1,430. However the city offers many quality amenities at lower costs as evidenced by the Grocery Cost Index which is 112 compared to 100 in the US.
The downtown area is especially vibrant with businesses like Capitola Book Cafe offering great coffee and books for sale and Kayak Connection providing kayak sales and rentals for those looking to explore the coastline. Nearby attractions include Seacliff State Beach and The Shadowbrook Restaurant which offer a variety of activities and dining experiences. All of these features make Capitola a desirable destination within California's central coast region.

Capitola has an unemployment rate of 8.1%. The US average is 6.0%.

Capitola has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 31.0%, which is lower than the US average of 33.5%.

Tax Rates for Capitola
- The Sales Tax Rate for Capitola is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Capitola 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 Capitola
- The average income of a Capitola resident is $37,940 a year. The US average is $28,555 a year.
- The Median household income of a Capitola resident is $83,726 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCapitola, CaliforniaUnited States
  8.16
  -9.8%-6.2%
  31.0%33.5%
  9.0%6.2%
  8.0%4.6%
  $54,673$37,638
  $83,726$69,021
  $105,573$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  3.8%6.8%
  11.3%10.0%
  2.2%2.5%
  11.9%11.0%
  1.1%4.8%
  0.0%0.8%
  1.5%1.9%
  3.6%4.7%
  6.8%1.9%
  5.7%7.6%
  0.0%0.1%
  5.5%4.2%
  13.9%9.3%
  13.3%14.0%
  0.3%2.1%
  11.6%7.0%
  4.4%4.8%
  2.5%4.7%
Reviews for Capitola
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Capitola is awesome, if you can afford it. Bring your wallet and lots of money in the  More

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Over 13 years ago

While expensive, Capitola offers great quality of life. Temperate climate, beautiful beaches and forests, a small town  More

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Considering the amount of crime throughout the world today, Capitola is exceptionally safe and livable. It is one of the few places anywhere where we feel free to allow  More

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