King City, CA is a small city located in Monterey County with a population of 12,874 people according to the 2019 census. It is an ideal place for those looking for an affordable living situation as it has a 2 bedroom rent rate of $2,070 compared to the US average of $1,430. Additionally, grocery costs in King City are slightly more expensive than the US average with an index rating of 101 versus 100. For those looking to find gainful employment in King City there are plenty of local companies such as Boronda Lumber Company, Salinas Valley Ford Automotive Dealership and Advanced Irrigation Systems.
King City has an unemployment rate of 10.4%. The US average is 6.0%.
King City 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 27.1%, which is lower than the US average of 33.5%.
Tax Rates for King City
- The Sales Tax Rate for King City is 8.3%. The US average is 7.3%.
- The Income Tax Rate for King City 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 King City
- The average income of a King City resident is $12,770 a year. The US average is $28,555 a year.
- The Median household income of a King City resident is $59,712 a year. The US average is $69,021 a year.