Carmel, CA (93923) offers an abundance of companies and amenities to make life comfortable and enjoyable. With a two-bedroom rent of $3,420, Carmel is slightly more expensive than the US average of $1,430. However, the community boasts numerous local grocery stores that are higher in cost index at 116 compared to 100 in the US on average. Some popular companies in Carmel include Carmel Plaza Shopping Center, Ocean Avenue Lifestyle Store, Bay View Coffee Company, and Carnegie Art Museum. In addition to great shopping options, there are also plenty of recreational activities such as golfing at various courses throughout town as well as hiking trails along the beach and through Point Lobos State Natural Reserve.
Carmel (zip 93923) has an unemployment rate of 10.4%. The US average is 6.0%.
Carmel (zip 93923) 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 27.1%, which is lower than the US average of 33.5%.
Tax Rates for Carmel (zip 93923)
- The Sales Tax Rate for Carmel (zip 93923) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Carmel (zip 93923) 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 Carmel (zip 93923)
- The average income of a Carmel (zip 93923) resident is $66,633 a year. The US average is $28,555 a year.
- The Median household income of a Carmel (zip 93923) resident is $107,255 a year. The US average is $69,021 a year.