Zip 93111 (Santa Barbara, CA) Economy


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93111 Santa Barbara, CA is a vibrant city with a wide array of activities and attractions. With two bedroom rental rates at approximately $3,640 per month and grocery cost index at 112 versus 100 in the US, it's a great place to live. \nSanta Barbara is home to some renowned universities such as University of California Santa Barbara and Westmont College, as well as several smaller colleges. The area has an abundance of outdoor activities like hiking trails and beaches for both locals and tourists alike to enjoy. There are also plenty of cultural attractions such as the Santa Barbara Museum of Art, Santa Barbara Botanical Gardens, Old Mission Santa Barbara and numerous theater venues. Additionally local businesses such as the Farmers Market on Saturdays at the County Courthouse Sunken Garden host local artisans selling their handmade products while offering music entertainment throughout the day. Events like the Annual Summer Solstice Celebration attract people from all over to experience its parades and carnivals. 93111 Santa Barbara offers something for everyone making it a great place to visit or call home!

Santa Barbara (zip 93111) has an unemployment rate of 3.9%. The US average is 6.0%.

Santa Barbara (zip 93111) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 27.7%, which is lower than the US average of 33.5%.

Tax Rates for Santa Barbara (zip 93111)
- The Sales Tax Rate for Santa Barbara (zip 93111) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Santa Barbara (zip 93111) 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 Santa Barbara (zip 93111)
- The average income of a Santa Barbara (zip 93111) resident is $43,604 a year. The US average is $28,555 a year.
- The Median household income of a Santa Barbara (zip 93111) resident is $132,603 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySanta Barbara, CaliforniaUnited States
  3.96
  -6.5%-6.2%
  27.7%33.5%
  7.8%6.2%
  8.0%4.6%
  $60,207$37,638
  $132,603$69,021
  $151,970$85,028
  Population by Occupation
  1.4%1.2%
  0.1%0.5%
  5.8%6.8%
  9.9%10.0%
  1.2%2.5%
  10.6%11.0%
  2.8%4.8%
  0.9%0.8%
  3.1%1.9%
  3.3%4.7%
  2.8%1.9%
  12.5%7.6%
  0.0%0.1%
  3.5%4.2%
  14.0%9.3%
  10.8%14.0%
  2.2%2.1%
  6.3%7.0%
  4.4%4.8%
  4.5%4.7%
Health