Los Altos, California is an affluent city located in the San Francisco Bay area with a population of just under 30,000. The 2 bedroom rent in Los Altos is $4,240, which is significantly higher than the national average of $1,430. Additionally, the grocery cost index in Los Altos is 128 compared to the US average of 100. Some well-known local businesses in Los Altos include Google's main campus as well as Apple's first headquarters. There are also a variety of small businesses such as Casa de Pasta Italian Restaurant and Cafe Renzo that have been serving the community for many years.
Los Altos (zip 94022) has an unemployment rate of 3.9%. The US average is 6.0%.
Los Altos (zip 94022) has seen the job market decrease by -7.1% over the last year. Future job growth over the next ten years is predicted to be 38.9%, which is higher than the US average of 33.5%.
Tax Rates for Los Altos (zip 94022)
- The Sales Tax Rate for Los Altos (zip 94022) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Los Altos (zip 94022) 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 Los Altos (zip 94022)
- The average income of a Los Altos (zip 94022) resident is $135,923 a year. The US average is $37,638 a year.
- The Median household income of a Los Altos (zip 94022) resident is $250,001 a year. The US average is $69,021 a year.