Solvang, CA is a charming and vibrant town located in the Santa Ynez Valley of Santa Barbara County. It has a unique Danish village atmosphere, with a population of just over 5,000 people. The average two bedroom rent in Solvang is significantly higher than the US average at $2,450, and the grocery cost index is 111 versus 100 in the US. Popular local companies include: First Street Carpentry, Solvang Certified Farmers Market, Foley Estates Winery and Vineyard, and Chumash Casino Resort.
Solvang has an unemployment rate of 6.6%. The US average is 6.0%.
Solvang has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 26.7%, which is lower than the US average of 33.5%.
Tax Rates for Solvang
- The Sales Tax Rate for Solvang is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Solvang 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 Solvang
- The average income of a Solvang resident is $39,334 a year. The US average is $28,555 a year.
- The Median household income of a Solvang resident is $94,451 a year. The US average is $69,021 a year.