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Santa Monica has a population of approximately 92,828 and experiences a population change rate of 10.40%. The population density is 11,031.3 / sq mi .
The median household income for Santa Monica is $99,847, with 46,664 households and an average household size of 1.96.
The median value of a home in Santa Monica is $1,656,900 with an appreciation rate of 14.90%. 25.36% of housing in the state is owned while 63.49% is rented.
The cost of living in Santa Monica is 367.9 %.
The unemployment rate in Santa Monica is 4.70%, and recent job growth is at 0.54%. Future job growth is projected at 42.03%.
The sales tax rate in Santa Monica is 10.25%, while the income tax rate is 9.30% .
School expenditures in Santa Monica are $17,429, and the school ratio is 21.9:1.
The average high temperature in July is 73.5 degrees, with an average low temperature in January of 49.3 degrees. The average rainfall is approximately 13.7 inches per year, with 0 inches of snow per year.
