Topanga, CA is a beautiful beach town located outside of Los Angeles, California that offers a unique blend of rural charm and urban amenities. It is home to numerous local companies such as Topanga Landscape Company, Topanga Production Company, and Topanga Salon and Spa. The rental prices for two-bedroom apartments in Topanga are significantly higher than those in the rest of the United States - $3,390 versus $1,430. Additionally, the Grocery Cost Index in Topanga is 110 compared to just 100 on average in the US. Therefore, living costs in Topanga are significantly higher than other parts of the country but also provide greater access to quality services and amenities.
Topanga has an unemployment rate of 10.9%. The US average is 6.0%.
Topanga has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.
Tax Rates for Topanga
- The Sales Tax Rate for Topanga is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Topanga 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 Topanga
- The average income of a Topanga resident is $62,434 a year. The US average is $28,555 a year.
- The Median household income of a Topanga resident is $128,884 a year. The US average is $69,021 a year.