Culver City, CA Economy


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Culver City, CA is an ideal place to live. Not only does it boast affordable rent with 2 bedrooms costing around $2,890 compared to the US average of $1,430, but it also has plenty of amenities and businesses to enjoy. The grocery cost index in Culver City is 109 compared to the US average of 100 which provides a good cost benefit for local shoppers. Some notable businesses found within the city limits include Sony Pictures Studios, South Bay Galleria Mall, Fox Hills Mall, and The Platform. There are also several small parks and recreational areas like Kenneth Hahn State Recreation Area and Culver West Alexander Park where locals can take advantage of a wide range of outdoor activities. Overall, Culver City, CA is an excellent place to call home with many exciting items to discover.

Culver City has an unemployment rate of 9.5%. The US average is 6.0%.

Culver City has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 33.0%, which is lower than the US average of 33.5%.

Tax Rates for Culver City
- The Sales Tax Rate for Culver City is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Culver City 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 Culver City
- The average income of a Culver City resident is $45,792 a year. The US average is $28,555 a year.
- The Median household income of a Culver City resident is $105,346 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCulver City, CaliforniaUnited States
  9.56
  -12.2%-6.2%
  33.0%33.5%
  10.0%6.2%
  8.0%4.6%
  $66,674$37,638
  $105,346$69,021
  $149,083$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  2.3%6.8%
  7.1%10.0%
  1.6%2.5%
  6.6%11.0%
  1.6%4.8%
  0.1%0.8%
  9.2%1.9%
  5.0%4.7%
  2.3%1.9%
  19.3%7.6%
  0.0%0.1%
  2.6%4.2%
  12.5%9.3%
  11.8%14.0%
  4.1%2.1%
  4.0%7.0%
  5.9%4.8%
  3.6%4.7%
Reviews for Culver City
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Over 11 years ago

Excellent weather, a million things to do, lots of art....Expensive...very expensive... and more so now that I have  More

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Over 13 years ago

Just because you didn't enjoy your experience you shouldn't slander an entire school based on your experience. Took my kids out of private school, to enroll them in an  More

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Over 14 years ago

difficult to connect and feel a sense of community  More

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