Santa Cruz-Watsonville, CA Metro Area offers a high quality of life with a cost of living that remains affordable. The average rent for a 2 bedroom apartment in this area is $3,290 which is more than twice the US average of $1,430. Additionally, grocery costs are slightly higher here than in the US as a whole with an index of 110 compared to 100. Companies operating in this area include Graniterock, Vista Farms, and West Marine. These businesses provide jobs and resources to the local community.
Santa Cruz-Watsonville Metro Area has an unemployment rate of 8.1%. The US average is 6.0%.
Santa Cruz-Watsonville Metro Area 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-Watsonville Metro Area
- The Sales Tax Rate for Santa Cruz-Watsonville Metro Area is 8.9%. The US average is 7.3%.
- The Income Tax Rate for Santa Cruz-Watsonville Metro Area 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-Watsonville Metro Area
- The average income of a Santa Cruz-Watsonville Metro Area resident is $33,050 a year. The US average is $28,555 a year.
- The Median household income of a Santa Cruz-Watsonville Metro Area resident is $96,093 a year. The US average is $69,021 a year.