Here's what it costs to live in Novato, California, based on the latest US government data. Renters pay a median of $2,422 per month, while the typical home is valued around $1,007,100. Households earn a median of $112,193 per year, leaving rent at a manageable share of income for many residents. The figures below cover housing, local wages by occupation, demographics, and air quality, all drawn from the US Census Bureau, BEA, HUD, and EPA.
Median Household Income
$112,193
Annual · Census ACS
Median Gross Rent
$2,422
Per month · Census ACS
Median Home Value
$1,007,100
Census ACS
Cost of Living Index
N/A
BEA RPP · US avg = 100
1BR Fair Market Rent
N/A
HUD FMR
2BR Fair Market Rent
N/A
HUD FMR
3BR Fair Market Rent
N/A
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
State Income Tax
13.30%
Top marginal rate
State Sales Tax
7.25%
Statewide base rate (local add-ons may apply)
Source: Tax Foundation (2024)
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | N/A |
| 🏥Registered Nurse | N/A |
| 📚Elementary Teacher | N/A |
| ⚡Electrician | N/A |
| 📊Accountant | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
52,689
Latest estimate
Median Age
47.8 yrs
Census ACS
🌬️
AQI data not available
Source: EPA AirNow
What is the cost of living index for Novato?
The cost of living index for Novato is not yet available in our database.
What is the median rent in Novato?
The median gross rent in Novato is $2,422 per month according to US Census ACS data.
What is the median household income in Novato?
The median household income in Novato is $112,193 per year.
What is the median home value in Novato?
The median home value in Novato is $1,007,100 based on the latest Census ACS survey.
How is the air quality in Novato?
Air quality data for Novato is not yet available.
What are the taxes like in Novato?
California has a top state income tax rate of 13.30% and a statewide sales tax of 7.25% (local rates may add to this). Source: Tax Foundation, 2024.
Data last updated: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology