San Carlos, CA Economy


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San Carlos, CA is a small city located on the San Francisco Peninsula in California. It is known for its pleasant climate and scenic views of the bay area. The population of San Carlos is around 29,000 people, making it a relatively small city by comparison to the United States as a whole. Due to its small size, living expenses in San Carlos are higher than those of most other cities in the US. For example, the median rent for a two-bedroom apartment in San Carlos is $3,410 compared to just $1,430 across the United States. Additionally, grocery costs index in San Carlos stands at 120 versus 100 in the US. Despite these higher costs of living, San Carlos has many attractions such as Oracle Corporation headquarters and numerous wineries located nearby which makes it an attractive place to live.

San Carlos has an unemployment rate of 4.2%. The US average is 6.0%.

San Carlos 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 36.6%, which is higher than the US average of 33.5%.

Tax Rates for San Carlos
- The Sales Tax Rate for San Carlos is 8.8%. The US average is 7.3%.
- The Income Tax Rate for San Carlos 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 San Carlos
- The average income of a San Carlos resident is $62,548 a year. The US average is $28,555 a year.
- The Median household income of a San Carlos resident is $204,570 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySan Carlos, CaliforniaUnited States
  4.26
  -9.5%-6.2%
  36.6%33.5%
  8.8%6.2%
  8.0%4.6%
  $104,853$37,638
  $204,570$69,021
  $250,001$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  4.6%6.8%
  9.2%10.0%
  1.7%2.5%
  6.1%11.0%
  2.7%4.8%
  0.4%0.8%
  9.1%1.9%
  5.5%4.7%
  2.9%1.9%
  23.4%7.6%
  0.4%0.1%
  2.1%4.2%
  7.9%9.3%
  10.5%14.0%
  2.7%2.1%
  2.9%7.0%
  5.2%4.8%
  2.4%4.7%
Reviews for San Carlos
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Over 17 years ago

I have lived in San Carlos for over 15 years and absolutely love it! There is a great mix of age groups and it is becoming more ethnically diverse. Kids play on my  More

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