Carmel Valley Village, CA is a beautiful village in the Monterey Peninsula, home to a range of restaurants, businesses and other attractions. It has been recently named one of the most desirable places to live in California due to its mild climate and scenic beauty. The rental market in Carmel Valley Village is high with two bedroom rentals averaging at $3,180 compared to the US average of $1430. Additionally, all essential items such as groceries have an index rating of 114 in Carmel Valley Village versus 100 in the US.
Some companies that operate in this lovely area are Carmel Valley Roasting Co., Cloud Nine Catering and Events and Karma's Bar & Grill. There are several attractions here as well including Garland Regional Park which offers horseback riding trails and hiking paths; Carmel River State Beach for swimming and surfing; Mission Ranch which is a historical ranch from the 1800s; and Winfield Gallery which features local art exhibitions. Lastly, there are several great educational options in Carmel Valley such as All Saints Day School, Stevenson School and Santa Catalina School.
Carmel Valley Village has an unemployment rate of 10.4%. The US average is 6.0%.
Carmel Valley Village 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 Valley Village
- The Sales Tax Rate for Carmel Valley Village is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Carmel Valley Village 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 Valley Village
- The average income of a Carmel Valley Village resident is $55,560 a year. The US average is $28,555 a year.
- The Median household income of a Carmel Valley Village resident is $142,222 a year. The US average is $69,021 a year.