Los Gatos, CA is a vibrant town located in the heart of Silicon Valley. It has a high quality of life and many modern amenities. The average two bedroom rent in Los Gatos is $3,140, which is significantly higher than the national average of $1,430. Grocery costs are also higher in Los Gatos, with an index rating of 120 compared to the US average of 100. The town's bustling economy is home to numerous tech companies such as Netflix, Adobe Systems, and Roku. There's no shortage of things to do in this dynamic city either; local restaurants and shops thrive in the area's diverse cultural atmosphere.
Los Gatos has an unemployment rate of 4.6%. The US average is 6.0%.
Los Gatos 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 38.1%, which is higher than the US average of 33.5%.
Tax Rates for Los Gatos
- The Sales Tax Rate for Los Gatos is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Los Gatos 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 Los Gatos
- The average income of a Los Gatos resident is $72,050 a year. The US average is $28,555 a year.
- The Median household income of a Los Gatos resident is $166,642 a year. The US average is $69,021 a year.