Woodlands, CA is an affluent suburb in the San Francisco Bay Area. With its close proximity to Silicon Valley, it is home to several tech companies such as Google, Apple, and Oracle. The cost of living in Woodlands is higher than the US average due to higher rent costs and a higher Grocery Cost Index. A two-bedroom apartment in Woodlands costs $2,220 compared to the US average of $1,430. Despite the higher cost of living residents enjoy a beautiful suburban environment with access to all the amenities of city life.
Woodlands has an unemployment rate of 5.8%. The US average is 6.0%.
Woodlands 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 Woodlands
- The Sales Tax Rate for Woodlands is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Woodlands 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 Woodlands
- The average income of a Woodlands resident is $73,977 a year. The US average is $37,638 a year.
- The Median household income of a Woodlands resident is $140,500 a year. The US average is $69,021 a year.