Lafayette, CA is a beautiful city located in the San Francisco Bay Area. With an array of amenities, it offers a great quality of life to its residents. The city has two bedroom rent rates that average around $2,880, which is significantly higher than the national average of $1,430. Additionally, the cost index for groceries is 117 compared to 100 nationally. This relatively high cost of living is offset by excellent job opportunities within the area; well-known companies such as Oracle and Chevron are headquartered nearby and offer exciting career prospects for locals. In addition to vibrant business district, Lafayette also offers plenty of attractions such as Briones Regional Park and Orinda Theatre Square, making it an ideal place to live and work.
Lafayette has an unemployment rate of 4.3%. The US average is 6.0%.
Lafayette 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 38.5%, which is higher than the US average of 33.5%.
Tax Rates for Lafayette
- The Sales Tax Rate for Lafayette is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Lafayette 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 Lafayette
- The average income of a Lafayette resident is $67,896 a year. The US average is $28,555 a year.
- The Median household income of a Lafayette resident is $192,546 a year. The US average is $69,021 a year.