Diamond Bar, CA is a great city to live in with a wide range of amenities. It has many local businesses that make it a vibrant community for residents. The average 2 bedroom rent in Diamond Bar is $3,040 compared to the US average of $1,430, which is more than double. Not only that, but Diamond Bar also has a higher grocery cost index at 103 compared to 100 in the US. Local companies in the area include McDonalds, Starbucks and Walmart Supercenter, all conveniently located for residents. With higher than average rent prices and grocery costs, Diamond Bar's appeal lies mainly with its tight-knit community atmosphere and abundance of amenities.
Diamond Bar has an unemployment rate of 8.3%. The US average is 6.0%.
Diamond Bar 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 35.5%, which is higher than the US average of 33.5%.
Tax Rates for Diamond Bar
- The Sales Tax Rate for Diamond Bar is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Diamond Bar 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 Diamond Bar
- The average income of a Diamond Bar resident is $34,539 a year. The US average is $28,555 a year.
- The Median household income of a Diamond Bar resident is $100,776 a year. The US average is $69,021 a year.