Kensington, CA is a small town located in the San Francisco Bay Area that offers a unique lifestyle for its residents. Due to its proximity to San Francisco, it is an attractive place for people looking for an affordable alternative to living in the city. The median 2 bedroom rent is $2,960, compared to the national average of $1,430. The cost of groceries here is also higher than the US average, with an index score of 116 versus 100 in the US.
Kensington has a vibrant community with plenty of attractions and amenities to keep locals entertained. It’s home to popular restaurants such as Manzanita & Co. and Kensington Café, plus boutique stores like Seaglass Artifacts and Kensington Baby Boutique. There are also parks and scenic trails throughout the town for outdoor activities and sightseeing. Lastly, Kensington is home to several local businesses such as Corby Books Publishing and Kensington Vintners.
Kensington has an unemployment rate of 6.8%. The US average is 6.0%.
Kensington has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 36.9%, which is higher than the US average of 33.5%.
Tax Rates for Kensington
- The Sales Tax Rate for Kensington is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Kensington 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 Kensington
- The average income of a Kensington resident is $67,369 a year. The US average is $28,555 a year.
- The Median household income of a Kensington resident is $167,500 a year. The US average is $69,021 a year.