San Mateo, CA County is filled with all kinds of exciting opportunities for people looking for a place to settle down. The rent costs for two-bedroom apartments in the county are incredibly expensive with an average of $3,190 compared to the US average rent of $1,430 per month. Despite higher living costs, San Mateo offers a variety of amenities including an array of dining and shopping options. Companies such as Oracle, Sony Interactive Entertainment, GoPro, and Visa all have headquarters in San Mateo while local groceries are known to be pricier than the national index at 117 versus 100 in the US. Nevertheless, San Mateo provides all sorts of luxuries that make it worth the extra cost.
San Mateo County has an unemployment rate of 5.0%. The US average is 6.0%.
San Mateo County has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 37.6%, which is higher than the US average of 33.5%.
Tax Rates for San Mateo County
- The Sales Tax Rate for San Mateo County is 8.9%. The US average is 7.3%.
- The Income Tax Rate for San Mateo County 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 Mateo County
- The average income of a San Mateo County resident is $47,198 a year. The US average is $28,555 a year.
- The Median household income of a San Mateo County resident is $136,837 a year. The US average is $69,021 a year.