San Lorenzo, CA is an attractive area to live in for many reasons. The two bedroom rent is higher than the national average at $2,330, however grocery costs are about 10% less than the national average at 110 compared to 100. This makes living in San Lorenzo a more affordable option. The city is home to local companies such as Landmark Electric and San Lorenzo Lumber Company as well as many small businesses. It is also home to East Bay Regional Parks District headquarters and Foster Farms, providing employment for local residents. With its close proximity to Oakland and San Francisco, San Lorenzo has become not only an ideal place to live but also an important part of the Bay Area economy.
San Lorenzo has an unemployment rate of 6.5%. The US average is 6.0%.
San Lorenzo has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 36.8%, which is higher than the US average of 33.5%.
Tax Rates for San Lorenzo
- The Sales Tax Rate for San Lorenzo is 9.3%. The US average is 7.3%.
- The Income Tax Rate for San Lorenzo 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 San Lorenzo
- The average income of a San Lorenzo resident is $26,755 a year. The US average is $28,555 a year.
- The Median household income of a San Lorenzo resident is $95,903 a year. The US average is $69,021 a year.