Goleta, CA Economy


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Goleta, CA is a great place to live due to its close proximity to beaches, hiking trails, and other outdoor activities. It is located in Santa Barbara County and is home to many popular companies such as Deckers Outdoor Corporation, Cottage Health System, and MarBorg Industries. The cost of living in Goleta is higher than the national average with 2 bedroom rent prices at $3,290 compared to the US average of $1,430. Additionally, the grocery cost index in Goleta is 111 compared to 100 in the US. Despite the higher cost of living, people still move to Goleta because of its vibrant lifestyle that offers access to natural beauty and top notch businesses.

Goleta has an unemployment rate of 3.9%. The US average is 6.0%.

Goleta 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 27.7%, which is lower than the US average of 33.5%.

Tax Rates for Goleta
- The Sales Tax Rate for Goleta is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Goleta 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 Goleta
- The average income of a Goleta resident is $33,469 a year. The US average is $28,555 a year.
- The Median household income of a Goleta resident is $104,830 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGoleta, CaliforniaUnited States
  3.96
  -6.5%-6.2%
  27.7%33.5%
  7.8%6.2%
  8.0%4.6%
  $44,410$37,638
  $104,830$69,021
  $121,233$85,028
  Population by Occupation
  1.4%1.2%
  0.0%0.5%
  4.5%6.8%
  9.6%10.0%
  1.6%2.5%
  6.9%11.0%
  3.7%4.8%
  0.3%0.8%
  2.3%1.9%
  2.8%4.7%
  2.0%1.9%
  10.9%7.6%
  0.0%0.1%
  4.0%4.2%
  17.4%9.3%
  16.1%14.0%
  1.1%2.1%
  7.0%7.0%
  4.8%4.8%
  3.5%4.7%
Reviews for Goleta
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Lived in this area 2014-now (2022), Goleta for 4 years of that. Pros: *The climate is unbeatable, unless you enjoy being overly hot or cold, or snow sports which  More

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I live in Goleta and work part-time in Santa Barbara. I am semi-retired and have a decent income. Making wise choices of where to spend my income has always been  More

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