Piedmont, CA is an affluent city located in the East Bay region of the San Francisco Bay Area. It is known for its picturesque views and mild climate. The cost of living is relatively high in Piedmont – 2 bedroom rent is $2380 compared to the US average of $1430. Additionally, grocery cost index in Piedmont is 115 versus 100 in the US. Despite its higher cost of living, many people are drawn to Piedmont’s unique character and quality of life. Popular local companies include Skanska USA Building Inc., Primerica Financial Services, and New Balance Athletics Inc., which all have offices in the city.
Piedmont has an unemployment rate of 6.5%. The US average is 6.0%.
Piedmont 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 36.8%, which is higher than the US average of 33.5%.
Tax Rates for Piedmont
- The Sales Tax Rate for Piedmont is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Piedmont 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 Piedmont
- The average income of a Piedmont resident is $101,794 a year. The US average is $28,555 a year.
- The Median household income of a Piedmont resident is $250,001 a year. The US average is $69,021 a year.