San Marino, CA is a city in the Los Angeles area known for its rich history, beautiful parks, and high quality of life. It has a vibrant economy with several major companies located within its borders. These include San Marino Foods which specializes in producing organic food products, Merill Capital which provides financial services, and Linz Industries which produces automobiles. The local cost of living is higher than the US average due to the city's high rental costs and grocery index. Despite this, San Marino offers excellent job opportunities with many different industries being represented in the city. Local businesses provide jobs in finance, manufacturing, retail and hospitality as well as a range of other sectors.
San Marino has an unemployment rate of 10.9%. The US average is 6.0%.
San Marino 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 33.7%, which is higher than the US average of 33.5%.
Tax Rates for San Marino
- The Sales Tax Rate for San Marino is 9.5%. The US average is 7.3%.
- The Income Tax Rate for San Marino 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 Marino
- The average income of a San Marino resident is $72,861 a year. The US average is $28,555 a year.
- The Median household income of a San Marino resident is $174,722 a year. The US average is $69,021 a year.