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Portola Valley, CA Economy


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Portola Valley, CA is a small city located in San Mateo County, California. It is known for its rural charm and stunningly scenic views of the coastal mountain range to the west. With a population of just about 4,660 people, it is an ideal place to settle down and raise a family. Local companies include Portola Valley Nursery School and Portola Realty & Investment Company. The cost of living in Portola Valley is higher than that of the US as a whole; for example, 2-bedroom rent averages around $3,490 compared to $1,430 nationwide. Additionally, the Grocery Cost Index in Portola Valley is 128 versus 100 in the US. Despite these higher costs associated with living in such a unique location, many find it worth it thanks to all that this city has to offer.

Portola Valley has an unemployment rate of 5.0%. The US average is 6.0%.

Portola Valley has seen the job market decrease by -9.5% over the last year. Future job growth over the next ten years is predicted to be 37.6%, which is higher than the US average of 33.5%.

Tax Rates for Portola Valley
- The Sales Tax Rate for Portola Valley is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Portola Valley is 9.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.

Income and Salaries for Portola Valley
- The average income of a Portola Valley resident is $164,242 a year. The US average is $37,638 a year.
- The Median household income of a Portola Valley resident is $250,001 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPortola Valley, CaliforniaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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