Loma Mar, CA is a small community located in San Mateo County in the San Francisco Bay Area. It has around 1,000 people and is known for its stunning views of the coastline. The cost of living is higher than the US average with a two bedroom apartment renting for $2,970 compared to $1,430 nationally. The grocery cost index in Loma Mar is also higher than the US average at 116 versus 100. Local businesses in Loma Mar include Casa De Flores winery and vineyards, Adventure Outdoors providing outdoor gear for camping and hiking, The English Rose tearoom serving afternoon tea with light meals, and GoodEarth Natural Foods which has organic produce and other health food items. There are also popular chain restaurants including Chipotle Mexican Grill and Starbucks.
Loma Mar has an unemployment rate of 5.0%. The US average is 6.0%.
Loma Mar 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 Loma Mar
- The Sales Tax Rate for Loma Mar is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Loma Mar 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 Loma Mar
- The average income of a Loma Mar resident is $32,991 a year. The US average is $28,555 a year.
- The Median household income of a Loma Mar resident is $250,001 a year. The US average is $69,021 a year.