Los Altos Hills, CA is an affluent town in the San Francisco Bay Area with a population of 8,000 people. The cost of living is significantly higher than average in Los Altos Hills, due to its 2 bedroom rental rate of $4,130 and grocery cost index of 128. Despite its high cost of living, Los Altos Hills is home to many companies that are committed to contributing to the local community. Companies such as LinkedIn, Apple and Google have established offices within the town and are actively engaged in giving back to the community. LinkedIn hosts various career development programs for local professionals while Apple donates hundreds of thousands of dollars each year towards health initiatives in the city. Google has invested millions into local businesses and has created jobs for many residents. These companies are just some examples of how Los Altos Hills is striving for a better quality of life for all its citizens.
Los Altos Hills has an unemployment rate of 5.1%. The US average is 6.0%.
Los Altos Hills has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 39.5%, which is higher than the US average of 33.5%.
Tax Rates for Los Altos Hills
- The Sales Tax Rate for Los Altos Hills is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Los Altos Hills 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 Los Altos Hills
- The average income of a Los Altos Hills resident is $123,127 a year. The US average is $28,555 a year.
- The Median household income of a Los Altos Hills resident is $250,001 a year. The US average is $69,021 a year.