Soquel, CA Economy


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Soquel, CA is a lovely coastal town located in Santa Cruz County. It's a great place to live with an average two bedroom rent of $3,520, which is higher than the national average of $1,430. The Grocery Cost Index in Soquel is 112 versus 100 in the US. Not only is the cost of living relatively high compared to other cities around the country, but there are many local businesses to explore as well. Some notable businesses include Plantinum Property Management, Aqua Adventures Kayaking & SUP Co., and Mozaic Salon & Spa. Soquel provides a great combination of urban convenience with beautiful natural surroundings - making it a perfect place to call home!

Soquel has an unemployment rate of 8.1%. The US average is 6.0%.

Soquel has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 31.0%, which is lower than the US average of 33.5%.

Tax Rates for Soquel
- The Sales Tax Rate for Soquel is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Soquel 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 Soquel
- The average income of a Soquel resident is $36,612 a year. The US average is $28,555 a year.
- The Median household income of a Soquel resident is $107,114 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySoquel, CaliforniaUnited States
  8.16
  -9.8%-6.2%
  31.0%33.5%
  8.5%6.2%
  8.0%4.6%
  $55,908$37,638
  $107,114$69,021
  $138,906$85,028
  Population by Occupation
  1.3%1.2%
  0.0%0.5%
  10.2%6.8%
  7.8%10.0%
  4.6%2.5%
  10.4%11.0%
  3.8%4.8%
  0.0%0.8%
  1.9%1.9%
  3.7%4.7%
  2.7%1.9%
  9.3%7.6%
  0.1%0.1%
  2.4%4.2%
  12.1%9.3%
  6.5%14.0%
  5.5%2.1%
  6.6%7.0%
  6.3%4.8%
  4.7%4.7%
Reviews for Soquel
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I moved to Soquel at 24 after I graduated UC Santa Cruz. It's a beautiful town wedged right up against the coast line. However, it's too small. Many of the people who  More

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Over 13 years ago

No one knows where it is or how to pronounce it. It as small sleepy town that has a wonderful sense of community. Main street welcomes home it's brave with balloons and  More

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