Manhattan Beach, CA Economy


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Manhattan Beach, CA is located near the coast in Los Angeles and offers a variety of amenities for its residents. The two bedroom rent in Manhattan Beach is significantly higher than the US average, at around $3,320 compared to $1,430. However, it is likely offset by the lower grocery cost index which is 116 compared to 100 nationally. Local businesses are abundant with popular brands such as Manhattan Beach Toyota and Southland Graphics providing services to locals year round. There are many local attractions that make living here worthwhile including stunning beaches, great restaurants, excellent shopping options and much more. With its close proximity to LA, Manhattan Beach also offers easy access to larger cities nearby. All these benefits make Manhattan Beach a desirable place to live for those looking for a coastal lifestyle with plenty of amenities.

Manhattan Beach has an unemployment rate of 6.6%. The US average is 6.0%.

Manhattan Beach has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 35.7%, which is higher than the US average of 33.5%.

Tax Rates for Manhattan Beach
- The Sales Tax Rate for Manhattan Beach is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Manhattan Beach 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 Manhattan Beach
- The average income of a Manhattan Beach resident is $81,787 a year. The US average is $28,555 a year.
- The Median household income of a Manhattan Beach resident is $169,586 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyManhattan Beach, CaliforniaUnited States
  6.66
  -12.2%-6.2%
  35.7%33.5%
  9.5%6.2%
  8.0%4.6%
  $99,805$37,638
  $169,586$69,021
  $212,478$85,028
  Population by Occupation
  0.2%1.2%
  0.2%0.5%
  3.8%6.8%
  6.8%10.0%
  3.5%2.5%
  6.5%11.0%
  1.7%4.8%
  0.4%0.8%
  9.6%1.9%
  8.5%4.7%
  6.1%1.9%
  21.3%7.6%
  0.0%0.1%
  2.0%4.2%
  9.1%9.3%
  10.0%14.0%
  4.4%2.1%
  2.1%7.0%
  1.9%4.8%
  1.8%4.7%
Reviews for Manhattan Beach
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If heaven would have a proper name, Manhattan Beach is what it would be called. Not far fro LAX in Los Angeles lies this beautiful hamlet that I want to live. Want to  More

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It doesn't get any better than Manhattan Beach. However, homes are expensive. If you are in the $1 million + range this is the place: Warm weather all year, low  More

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HowEVERR, it IS - highly priced Housing-wise (thank goodness I bought MY house in '99!!) - Im a REALTOR, watching my personal home-value drop from 3 TIMES purchase  More

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