San Simeon, CA Economy


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San Simeon, CA is an area with many opportunities and attractions. It is home to a variety of businesses such as Hearst Castle, San Simeon State Park, San Simeon Beach Club, and San Simeon Beach House. Although rental prices for a two bedroom apartment are higher than the US average at $1,700 compared to $1,430 respectively; groceries are more economical in San Simeon with a grocery cost index of 108 versus 100 in the US. This makes it an ideal location for those looking for affordable living options while still having access to quality amenities. With its unique attractions and activities, San Simeon provides an excellent lifestyle opportunity for many people looking to live in California.

San Simeon has an unemployment rate of 5.8%. The US average is 6.0%.

San Simeon has seen the job market increase by 1.3% 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 San Simeon
- The Sales Tax Rate for San Simeon is 7.3%. The US average is 7.3%.
- The Income Tax Rate for San Simeon 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 San Simeon
- The average income of a San Simeon resident is $18,990 a year. The US average is $28,555 a year.
- The Median household income of a San Simeon resident is $50,486 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySan Simeon, CaliforniaUnited States
  5.86
  -9.6%-6.2%
  34.2%33.5%
  7.3%6.2%
  8.0%4.6%
  $24,755$37,638
  $50,486$69,021
Family Median Income 85028
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