Economy in Morgan Hill, California
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Economy
| Unemployment Rate | 13.30% | 9.10% |
| Recent Job Growth | -1.18% | -0.12% |
| Future Job Growth | 24.34% | 31.25% |
| Sales Taxes | 8.25% | 6.80% |
| Income Taxes | 9.30% | 6.25% |
| Income per Cap. | $39,874 | $27,067 |
| Household Income | $97,211 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 5.19% | 12.10% |
| Income between 15K and 25K | 4.14% | 10.18% |
| Income between 25K and 35K | 5.56% | 10.56% |
| Income between 35K and 50K | 8.95% | 14.98% |
| Income between 50K and 75K | 13.21% | 19.53% |
| Income between 75K and 100K | 14.55% | 12.52% |
| Income between 100K and 150K | 21.89% | 12.14% |
| Income between 150K and 250K | 11.53% | 3.91% |
| Income between 250K and 500K | 12.52% | 3.34% |
| Income greater than 500K | 2.46% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 20.19% | 13.81% |
| Professional and Related Occupations | 24.36% | 22.68% |
| Service | 14.10% | 14.51% |
| Sales and Office | 24.49% | 25.22% |
| Farming, Fishing, and Forestry | 1.15% | 0.68% |
| Construction, Extraction, and Maintenance | 10.75% | 9.37% |
| Production, Transportation, and Material Moving | 10.85% | 15.86% |
The unemployment rate in Morgan Hill, CA, is 13.30%, with job growth of -1.18%. Future job growth over the next ten years is predicted to be 24.34%.
Morgan Hill, CA Taxes
Morgan Hill, CA,sales tax rate is 8.25%. Income tax is 9.30%.
Morgan Hill, CA Income and Salaries
The income per capita is $39,874, which includes all adults and children. The median household income is $97,211.
Morgan Hill Economy SperlingViews
Lovely Weather: After spending all of my life in the mid-west I had the hardest time getting used to living in California the lifestyle was so different. There is only one thing that I... (read more)the best climate available- live in the Tuscany of: Ever wonder why many Italians immigrated to the San Jose California area?
The answer is that the weather is most like what they are used to. Temperate. Slightly warm,... (read more)It's like living in the South of France without ha: Morgan Hill California is a great place to live. If you can afford it. Housing costs are high, very high. The median house price here is $710,000.00.
The weather... (read more)Have an opinion about Morgan Hill? Leave a commentTo See All SperlingViews for Morgan Hill Click Here