Carmel-by-the-Sea, also known as Carmel, is a coastal town located in Monterey County, California. This charming village has plenty to offer its residents and visitors alike. From its breathtaking beach views to fine dining establishments, Carmel-by-the-Sea has something for everyone. 2 Bedroom Rent in Carmel is $3,750 per month compared to the US average of $1,430. The Grocery Cost Index in Carmel is 119 versus 100 in the US. There are many local places here such as La Bicyclette Restaurant and Wine Bar where you can enjoy a delicious meal or take part in some wine tasting as well as other local business like The Cheese Shop of Carmel that offers gourmet cheese and other artisan products. With stunning natural beauty and plenty of activities to partake in, living in Carmel is a desirable experience that comes with some higher than usual expenses.
Carmel-by-the-Sea (zip 93921) has an unemployment rate of 10.4%. The US average is 6.0%.
Carmel-by-the-Sea (zip 93921) has seen the job market decrease by -8.1% over the last year. Future job growth over the next ten years is predicted to be 27.1%, which is lower than the US average of 33.5%.
Tax Rates for Carmel-by-the-Sea (zip 93921)
- The Sales Tax Rate for Carmel-by-the-Sea (zip 93921) is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Carmel-by-the-Sea (zip 93921) is 9.3%. The US average is 4.6%.
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Income and Salaries for Carmel-by-the-Sea (zip 93921)
- The average income of a Carmel-by-the-Sea (zip 93921) resident is $66,695 a year. The US average is $37,638 a year.
- The Median household income of a Carmel-by-the-Sea (zip 93921) resident is $93,693 a year. The US average is $69,021 a year.