La Honda, California (94020) is a small town nestled in the Santa Cruz mountains of San Mateo County. The population is around 1,000 people and it serves as a bedroom community for those who work in larger cities like San Francisco and San Jose. The area is known for its scenic beauty, rolling hills, and redwood forests. Despite being a rural area, La Honda has plenty to offer in terms of modern amenities.
The 2 bedroom rent price in La Honda is $2,970 while the US average is $1,430; making it an expensive place to live. The Grocery Cost Index there is also higher than the US average at 112 vs 100 respectively. There are several companies located in La Honda such as La Honda Organic Farms which offers organic produce deliveries throughout the Bay Area and Beyond; Rosse Posse Acres which provides horse boarding services; and C&J Carpentry Inc., a custom home builder that specializes in fine woodworking projects.
The housing market in La Honda can best be described as exclusive but competitive due to its limited availability. Home prices are above the national average and range from luxury homes on acreage to more modest condos or townhomes near downtown. Given its lack of inventory, buyers should expect multiple offers when vying for properties in this popular region.
La Honda (zip 94020) has an unemployment rate of 5.0%. The US average is 6.0%.
La Honda (zip 94020) 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 37.6%, which is higher than the US average of 33.5%.
Tax Rates for La Honda (zip 94020)
- The Sales Tax Rate for La Honda (zip 94020) is 8.8%. The US average is 7.3%.
- The Income Tax Rate for La Honda (zip 94020) 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 La Honda (zip 94020)
- The average income of a La Honda (zip 94020) resident is $48,998 a year. The US average is $28,555 a year.
- The Median household income of a La Honda (zip 94020) resident is $191,915 a year. The US average is $69,021 a year.