Santa Cruz County, CA Economy


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Santa Cruz, CA County is a beautiful and vibrant place to live. With its mild climate, stunning ocean views, and close proximity to nature, it is an attractive destination for many. Despite its high cost of living, with an average two bedroom rent of $3,290 compared to the US average of $1,430, Santa Cruz is a desirable place to call home. The County has a Grocery Cost Index of 110 versus 100 in the US making food more expensive than the national average as well. Santa Cruz boasts a variety of local companies and attractions such as the California State University - Monterey Bay campus, TechRaising Inc., and popular beaches like Natural Bridges Beach and Capitola Beach. Between its beautiful scenery and unique opportunities to experience local culture, Santa Cruz County is sure to provide an excellent quality of life for those who live there.

Santa Cruz County has an unemployment rate of 8.1%. The US average is 6.0%.

Santa Cruz County 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 31.0%, which is lower than the US average of 33.5%.

Tax Rates for Santa Cruz County
- The Sales Tax Rate for Santa Cruz County is 8.9%. The US average is 7.3%.
- The Income Tax Rate for Santa Cruz County 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 Santa Cruz County
- The average income of a Santa Cruz County resident is $33,050 a year. The US average is $28,555 a year.
- The Median household income of a Santa Cruz County resident is $96,093 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySanta Cruz, CaliforniaUnited States
  8.16
  -9.8%-6.2%
  31.0%33.5%
  8.5%6.2%
  8.0%4.6%
  $47,619$37,638
  $96,093$69,021
  $118,979$85,028
  Population by Occupation
  4.9%1.2%
  0.0%0.5%
  6.6%6.8%
  8.3%10.0%
  2.5%2.5%
  10.5%11.0%
  3.3%4.8%
  0.8%0.8%
  2.4%1.9%
  2.3%4.7%
  2.2%1.9%
  9.5%7.6%
  0.1%0.1%
  3.6%4.2%
  12.8%9.3%
  11.9%14.0%
  2.7%2.1%
  7.6%7.0%
  4.3%4.8%
  3.6%4.7%
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