San Marcos, CA is an area near San Diego that has grown exponentially over recent years. It offers a lower cost of living than its neighboring cities and is home to many well-known companies, including Palomar College and Genentech. The two bedroom rent in San Marcos is $2,430 which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in San Marcos is 109 versus just 100 in the US - highlighting the higher cost of groceries there. However, overall, this beautiful city offers a relatively lower cost of living than other cities nearby.
San Marcos has an unemployment rate of 5.9%. The US average is 6.0%.
San Marcos 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 38.4%, which is higher than the US average of 33.5%.
Tax Rates for San Marcos
- The Sales Tax Rate for San Marcos is 7.8%. The US average is 7.3%.
- The Income Tax Rate for San Marcos 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 Marcos
- The average income of a San Marcos resident is $24,789 a year. The US average is $28,555 a year.
- The Median household income of a San Marcos resident is $90,620 a year. The US average is $69,021 a year.