Felton, CA is an attractive location for many reasons. The town boasts some of the most affordable housing in the nation with 2 bedroom rents at $3,330 compared to the US average of $1,430. In addition to offering a good deal on rent, grocery costs in Felton are also notably lower than average with a Grocery Cost Index of 109 compared to 100 in the US. This combination of affordability and convenience make it a great place to live.
The town is also home to many businesses and attractions including Henry Cowell Redwoods State Park, where visitors can enjoy stunning views of redwood groves and mountain ridges. Felton is also home to local favorites like the Felton Music Hall and Loma Prieta Winery. With its combination of affordability and attractions, it's no wonder Felton continues to be an attractive place to call home.
Felton has an unemployment rate of 8.1%. The US average is 6.0%.
Felton 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 Felton
- The Sales Tax Rate for Felton is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Felton 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 Felton
- The average income of a Felton resident is $41,368 a year. The US average is $28,555 a year.
- The Median household income of a Felton resident is $107,159 a year. The US average is $69,021 a year.