94024 Los Altos, CA has an average 2 bedroom rent of $4,130 which is nearly three times higher than the US average of $1,430. Additionally, the Grocery Cost Index in Los Altos is 26% higher than the national average at 126 versus 100. The Silicon Valley city is home to many successful companies such as Intuit, LinkedIn, Google and Apple Inc., and offers its residents a highly successful job market and great access to technology and innovation hubs.
Los Altos (zip 94024) has an unemployment rate of 3.9%. The US average is 6.0%.
Los Altos (zip 94024) 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 94024)
- The Sales Tax Rate for Los Altos (zip 94024) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Los Altos (zip 94024) 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 94024)
- The average income of a Los Altos (zip 94024) resident is $123,554 a year. The US average is $37,638 a year.
- The Median household income of a Los Altos (zip 94024) resident is $250,001 a year. The US average is $69,021 a year.