Folsom, CA is a vibrant suburban city located in Sacramento County. It is home to many popular businesses such as Intel Corporation, Folsom Lake Ford, and Folsom Lake Honda. The cost of rent for a two bedroom apartment is $2,230 per month, which is higher than the national average of $1,430. Additionally, the grocery cost index in Folsom is 108 compared to 100 in the US. In terms of attractions, Folsom offers plenty of fun activities and sights to explore. Some places worth visiting are the Historic Folsom Light Rail District, Powerhouse State Historic Park for outdoor enthusiasts and bikers alike, as well as adventure-filled Folsom Zoo Sanctuary.
Folsom has an unemployment rate of 4.6%. The US average is 6.0%.
Folsom has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 37.0%, which is higher than the US average of 33.5%.
Tax Rates for Folsom
- The Sales Tax Rate for Folsom is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Folsom 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 Folsom
- The average income of a Folsom resident is $38,472 a year. The US average is $28,555 a year.
- The Median household income of a Folsom resident is $128,421 a year. The US average is $69,021 a year.