Isla Vista, CA is a small coastal town located near the University of California Santa Barbara. It is known for its vibrant nightlife, beautiful beaches, and diverse population. The 2 Bedroom Rent in Isla Vista is $3,250 which is more expensive than the US average of $1,430. The Grocery Cost Index in Isla Vista is 111 compared to 100 in the US which indicates that food costs are slightly higher than the national average. Local companies include Tasty Twist Frozen Yogurt Bar, Isla Vista Market & Deli, and Freebirds World Burrito. Overall, the cost of living in Isla Vista tends to be higher than other parts of California due to its high rent prices and grocery costs.
Isla Vista has an unemployment rate of 6.6%. The US average is 6.0%.
Isla Vista 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 Isla Vista
- The Sales Tax Rate for Isla Vista is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Isla Vista 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 Isla Vista
- The average income of a Isla Vista resident is $8,904 a year. The US average is $28,555 a year.
- The Median household income of a Isla Vista resident is $22,386 a year. The US average is $69,021 a year.