Millbrae, California is an affluent city located in the San Francisco Bay Area, home to approximately 23,000 people. Millbrae boasts a low unemployment rate and high median income level. The cost of living in Millbrae is higher than the national average with rent for 2 bedroom apartments averaging $3,850 per month while the US average for 2 bedroom apartments only comes in at $1,430 per month. Grocery costs are also higher in Millbrae than elsewhere in the US with a cost index of 119 versus 100 nationally. Despite its higher cost of living, Millbrae offers many attractions and activities that draw people to the area. Popular sites include Burlingame Museum of Pez Memorabilia and Bayfront Park & Nature Center. In addition, there are numerous local businesses such as Mobley's Furniture Store and Red Rock Coffee Co which contribute to making Millbrae a great place to live and work.
Millbrae has an unemployment rate of 5.0%. The US average is 6.0%.
Millbrae has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 37.6%, which is higher than the US average of 33.5%.
Tax Rates for Millbrae
- The Sales Tax Rate for Millbrae is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Millbrae 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 Millbrae
- The average income of a Millbrae resident is $43,518 a year. The US average is $28,555 a year.
- The Median household income of a Millbrae resident is $141,399 a year. The US average is $69,021 a year.