Zip 93067 (Summerland, CA) Economy


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Summerland, CA 93067 is an affluent city located on the coast of Santa Barbara County. The 2 bedroom rent in Summerland is $3,800, which is slightly more expensive than the US average of $1,430. However, the area has a Grocery Cost Index of 112 that is higher than the US average of 100. There are plenty of local companies in Summerland that offer services to its residents such as the Montecito Bank & Trust for banking and financial services; Coldwell Banker Property Management for property management; and Blush Salon & Spa for beauty services.

Summerland (zip 93067) has an unemployment rate of 6.6%. The US average is 6.0%.

Summerland (zip 93067) 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 26.7%, which is lower than the US average of 33.5%.

Tax Rates for Summerland (zip 93067)
- The Sales Tax Rate for Summerland (zip 93067) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Summerland (zip 93067) 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 Summerland (zip 93067)
- The average income of a Summerland (zip 93067) resident is $76,103 a year. The US average is $28,555 a year.
- The Median household income of a Summerland (zip 93067) resident is $96,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySummerland, CaliforniaUnited States
  6.66
  -6.5%-6.2%
  26.7%33.5%
  7.8%6.2%
  8.0%4.6%
  $71,006$37,638
  $96,250$69,021
Family Median Income 85028
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