Chico, CA is a charming town located in the northern part of California and is home to a vibrant population of more than 91,000 people. The cost of living in Chico is slightly lower than the national average, with a two-bedroom rental costing $1,340 compared to $1,430 in the US. Furthermore, grocery costs are also relatively lower at 102 compared to 100 on the index in the US. In terms of businesses and top companies operating in Chico, some popular ones include Sierra Nevada Brewing Co., Jiffy Lube International Inc., The Brickyard Gastropub & Bar and Gar Tootelian Inc. All these factors together make Chico an attractive place for residents looking for affordable living with necessary amenities nearby.
Chico has an unemployment rate of 5.6%. The US average is 6.0%.
Chico has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 36.6%, which is higher than the US average of 33.5%.
Tax Rates for Chico
- The Sales Tax Rate for Chico is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Chico 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 Chico
- The average income of a Chico resident is $24,775 a year. The US average is $28,555 a year.
- The Median household income of a Chico resident is $60,507 a year. The US average is $69,021 a year.