Santa Margarita, CA is a beautiful neighborhood located in San Luis Obispo County. It is home to numerous small businesses and luxury amenities that make it an ideal place to live. The rent for a two bedroom apartment in this area averages at $1,730 which is slightly higher than the US average of $1,430. Santa Margarita also has a Grocery Cost Index of 105 versus 100 in the US, which means groceries cost slightly more here than the national average. \nLocal companies found in Santa Margarita include the 'Santa Margarita Valley Veterinary Clinic', 'Topline Auto Repair & Maintenance', 'Heathers Knitting Corner', and 'Salty's Beach Shack'. All four businesses have become staples in the community and offer quality services that make living in Santa Margarita even more enjoyable.
Santa Margarita has an unemployment rate of 5.8%. The US average is 6.0%.
Santa Margarita has seen the job market decrease by -9.6% over the last year. Future job growth over the next ten years is predicted to be 34.2%, which is higher than the US average of 33.5%.
Tax Rates for Santa Margarita
- The Sales Tax Rate for Santa Margarita is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Santa Margarita 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 Santa Margarita
- The average income of a Santa Margarita resident is $38,523 a year. The US average is $37,638 a year.
- The Median household income of a Santa Margarita resident is $0 a year. The US average is $69,021 a year.