Montara, CA is a small coastal town located in San Mateo County, California. The area is known for its stunning beaches, breathtaking views, and amazing cuisine. Montara has a population of about 7500 people and is well-known for being home to some of the most innovative tech companies in Silicon Valley such as Airbnb, Google, Facebook, and Apple. The area has an overall high quality of life with a median two bedroom rent that is more than double the national average at $3170 compared to only $1430. Additionally, the grocery cost index in Montara is 115 versus 100 in other parts of the US, making it slightly more expensive to purchase food items locally. All these factors make Montara an attractive destination for those looking for a higher quality lifestyle than what is available in other parts of the country.
Montara has an unemployment rate of 5.0%. The US average is 6.0%.
Montara 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 Montara
- The Sales Tax Rate for Montara is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Montara 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 Montara
- The average income of a Montara resident is $49,203 a year. The US average is $28,555 a year.
- The Median household income of a Montara resident is $165,722 a year. The US average is $69,021 a year.