Laguna Hills, CA is a sought-after residential community located in Orange County. The community offers a variety of amenities from its local businesses to its array of recreational activities. Notable companies within the city include Edwards Lifesciences, Laguna Tool Corporation, and Hoag Memorial Hospital Presbyterian. The average two bedroom rent is $2,820, which is significantly higher than the US average of $1,430. Additionally, the Grocery Cost Index is 104 versus 100 in the US making this city slightly more expensive overall for residents. Despite the higher cost of living in Laguna Hills, many people are drawn to this vibrant community due to its desirable location and close proximity to beaches and shops.
Laguna Hills has an unemployment rate of 5.7%. The US average is 6.0%.
Laguna Hills has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 31.4%, which is lower than the US average of 33.5%.
Tax Rates for Laguna Hills
- The Sales Tax Rate for Laguna Hills is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Laguna Hills 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 Laguna Hills
- The average income of a Laguna Hills resident is $43,958 a year. The US average is $28,555 a year.
- The Median household income of a Laguna Hills resident is $109,750 a year. The US average is $69,021 a year.