Gilroy, CA is an attractive destination for many people looking to settle down. Its population of 54,000 makes it the perfect size for those who want to have access to all the amenities of a larger city without feeling overwhelmed by its size. The median rent for a two-bedroom in Gilroy is $2,650, slightly higher than the US average of $1,430,. However, basic groceries are still relatively affordable with the Grocery Cost Index in Gilroy being 111 versus 100 in the US.
The city is home to several big local companies such as Sargent Aerospace & Defense and Christopher Ranch providing plenty of job opportunities in both skilled and unskilled labor. Moreover, there's no shortage of outdoor activities available due to its proximity to Henry W Coe State Park and Coyote Lake County Park. All these factors make Gilroy an ideal place for those looking for both a career opportunity as well as an outdoor lifestyle.
Gilroy has an unemployment rate of 6.8%. The US average is 6.0%.
Gilroy has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 45.8%, which is higher than the US average of 33.5%.
Tax Rates for Gilroy
- The Sales Tax Rate for Gilroy is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Gilroy 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 Gilroy
- The average income of a Gilroy resident is $29,559 a year. The US average is $28,555 a year.
- The Median household income of a Gilroy resident is $116,206 a year. The US average is $69,021 a year.