Castroville, CA Economy


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Castroville, CA is situated in Monterey County and is known for its rich agricultural history and artichoke production. The city has seen a recent population growth and is home to many local businesses. Businesses in Castroville include the Castroville Artichoke Festival, Castroville Grocery Center, and the San Antonio Valley Farm Bureau. Despite having a higher cost of living than the US average, it offers an affordable two bedroom rental rate of $2,100. Additionally, the grocery cost index in Castroville is slightly above the national average at 106 compared to 100. These factors make Castroville an attractive location for those looking to move to a small town with a friendly atmosphere.

Castroville has an unemployment rate of 10.4%. The US average is 6.0%.

Castroville 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 Castroville
- The Sales Tax Rate for Castroville is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Castroville 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 Castroville
- The average income of a Castroville resident is $16,942 a year. The US average is $37,638 a year.
- The Median household income of a Castroville resident is $69,620 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCastroville, CaliforniaUnited States
  10.46
  -8.1%-6.2%
  27.1%33.5%
  7.8%6.2%
  8.0%4.6%
  $16,942$37,638
  $69,620$69,021
  $68,368$85,028
  Population by Occupation
  24.2%1.2%
  0.0%0.5%
  10.2%6.8%
  4.4%10.0%
  7.7%2.5%
  6.8%11.0%
  5.4%4.8%
  0.0%0.8%
  0.0%1.9%
  0.7%4.7%
  0.5%1.9%
  3.1%7.6%
  0.0%0.1%
  9.3%4.2%
  3.4%9.3%
  12.2%14.0%
  0.9%2.1%
  6.1%7.0%
  3.9%4.8%
  1.2%4.7%
Health
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