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Economy in Santa Monica, California

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomySanta Monica, CAUnited States
Unemployment Rate10.10%9.10%
Recent Job Growth-0.52%-0.12%
Future Job Growth28.86%31.25%
Sales Taxes8.25%6.80%
Income Taxes9.30%6.25%
Income per Cap.$55,426$27,067
Household Income$67,292$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K11.64%12.10%
Income between 15K and 25K8.15%10.18%
Income between 25K and 35K7.30%10.56%
Income between 35K and 50K11.28%14.98%
Income between 50K and 75K16.54%19.53%
Income between 75K and 100K11.96%12.52%
Income between 100K and 150K13.78%12.14%
Income between 150K and 250K7.09%3.91%
Income between 250K and 500K8.88%3.34%
Income greater than 500K3.36%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations20.41%13.81%
Professional and Related Occupations36.30%22.68%
Service9.58%14.51%
Sales and Office20.85%25.22%
Farming, Fishing, and Forestry0.02%0.68%
Construction, Extraction, and Maintenance3.43%9.37%
Production, Transportation, and Material Moving4.06%15.86%
Median Household Income

The unemployment rate in Santa Monica, CA, is 10.10%, with job growth of -0.52%. Future job growth over the next ten years is predicted to be 28.86%.

Santa Monica, CA Taxes

Santa Monica, CA,sales tax rate is 8.25%. Income tax is 9.30%.

Santa Monica, CA Income and Salaries

The income per capita is $55,426, which includes all adults and children. The median household income is $67,292.


Santa Monica Economy SperlingViews

Climate: Santa Monica has the best weather of any place I have ever lived. I have never had a bad weather day in over three... (read more)Almost perfect weather: I was looking at some of the climate comfort indexes on several cities and noticed that Santa Monica's is lower than cities like Chicago, Seattle, and Cleveland?? It... (read more)santa monica climate: Santa Monica has the best climate. It has mild summers and winters. It is cooler in the summer and warmer in the winter compared to inland areas. So while it might be 90... (read more)Have an opinion about Santa Monica? Leave a commentTo See All SperlingViews for Santa Monica Click Here