Saratoga, California is an affluent city located in the Santa Cruz Mountains with a population of approximately 30,000 residents. It is known for its wineries, natural beauty, and high-class restaurants. The 2 bedroom rent in Saratoga is $4,380 which is more than three times higher than the national average of $1,430. Additionally, the grocery cost index in Saratoga is 124 versus 100 in the US. This makes it 24% higher than the national average which can be attributed to its appeal as a wealthy suburban area. Notable companies that are based in Saratoga include Oracle Corporation, Netflix and Plantronics Incorporated. Other attractions such as Hakone Gardens and the Mountain Winery provide unique experiences for visitors and locals alike.
Saratoga (zip 95070) has an unemployment rate of 4.5%. The US average is 6.0%.
Saratoga (zip 95070) has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 37.8%, which is higher than the US average of 33.5%.
Tax Rates for Saratoga (zip 95070)
- The Sales Tax Rate for Saratoga (zip 95070) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Saratoga (zip 95070) 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 Saratoga (zip 95070)
- The average income of a Saratoga (zip 95070) resident is $78,104 a year. The US average is $28,555 a year.
- The Median household income of a Saratoga (zip 95070) resident is $222,235 a year. The US average is $69,021 a year.