Carmel-by-the-Sea, CA, is a picturesque coastal town located in Monterey County on the California coast. The city is known for its white sand beaches and abundance of outdoor activities. Popular attractions include Carmel Mission, Point Lobos State Natural Reserve, and Carmel Beach. There are plenty of shopping opportunities here too, from high-end boutiques like Chico’s to local art galleries like the Gallery by the Sea. You can also find big name stores such as Macy’s and Bloomingdales in nearby Monterey. Dining options range from upscale eateries like Brophy’s Tavern to casual cafes such as La Bicyclette Café & Crepe Bar. 2 Bedroom Rent in Carmel-by-the-Sea, CA is $3,790 while the US average is only $1,430. Grocery Cost Index in Carmel-by-the-Sea is 119 versus 100 in the US, which makes it a bit more expensive than other places on average. Overall, Carmel-by-the-Sea offers something for everyone with its stunning scenery, diverse culture and wide range of amenities.
Carmel-by-the-Sea has an unemployment rate of 10.4%. The US average is 6.0%.
Carmel-by-the-Sea 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 27.1%, which is lower than the US average of 33.5%.
Tax Rates for Carmel-by-the-Sea
- The Sales Tax Rate for Carmel-by-the-Sea is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Carmel-by-the-Sea 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 Carmel-by-the-Sea
- The average income of a Carmel-by-the-Sea resident is $45,928 a year. The US average is $28,555 a year.
- The Median household income of a Carmel-by-the-Sea resident is $100,365 a year. The US average is $69,021 a year.