Morro Bay, California is a beautiful seaside community located in the 93442 zip code. With two Bedroom rent at $2,160, it is slightly higher than the national average of $1,430. A grocery cost index of 108 also indicates that food prices are higher than normal. Despite these price differences, Morro Bay still offers many attractions for both visitors and residents alike. \nLocal businesses in Morro Bay include the Inn at Morro Bay, which boasts unparalleled views of the Pacific Ocean from its rooftop bar and restaurant; Happy Fish Market and Grill where you can find delectable seafood dishes; and The Kite Connection, where one can purchase kites or take in breathtaking kite displays on the beach. Other popular destinations include Moonstone Beach Boardwalk with its wide range of shops and restaurants; Tognazzini's Dockside Restaurant & Fish Market for fresh catch straight from the fishing boats; and Hearst Castle to explore a magnificent estate perched atop a hill overlooking the coast.
Morro Bay (zip 93442) has an unemployment rate of 5.8%. The US average is 6.0%.
Morro Bay (zip 93442) has seen the job market decrease by -9.6% over the last year. Future job growth over the next ten years is predicted to be 34.2%, which is higher than the US average of 33.5%.
Tax Rates for Morro Bay (zip 93442)
- The Sales Tax Rate for Morro Bay (zip 93442) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Morro Bay (zip 93442) 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 Morro Bay (zip 93442)
- The average income of a Morro Bay (zip 93442) resident is $47,737 a year. The US average is $37,638 a year.
- The Median household income of a Morro Bay (zip 93442) resident is $79,918 a year. The US average is $69,021 a year.