Murrieta, CA Economy


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Murrieta, CA is a city in southwestern Riverside County. It offers an attractive environment for people looking to settle down or start a business. One of the main attractions in Murrieta is the affordable rent costs; 2 bedroom apartments can go for as low as $2,340 per month. This makes it significantly cheaper than the national average of $1,430 for a two bedroom rental. Grocery costs are also quite affordable; with an index of 101 compared to the US benchmark of 100.
Murrieta is also home to many thriving businesses such as Old Town Temecula Community Theater, Promenade Mall, Tractor Supply Company, and In-N-Out Burger. The city also boasts plenty of top-notch educational institutions like Paloma Valley High School and University of California Riverside Extension Center. All in all, Murrieta provides everything one needs while living here - from entertainment to education and beyond!

Murrieta has an unemployment rate of 6.0%. The US average is 6.0%.

Murrieta has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 41.2%, which is higher than the US average of 33.5%.

Tax Rates for Murrieta
- The Sales Tax Rate for Murrieta is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Murrieta 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 Murrieta
- The average income of a Murrieta resident is $28,719 a year. The US average is $28,555 a year.
- The Median household income of a Murrieta resident is $98,466 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMurrieta, CaliforniaUnited States
  66
  -5.8%-6.2%
  41.2%33.5%
  7.8%6.2%
  8.0%4.6%
  $37,991$37,638
  $98,466$69,021
  $105,346$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  6.5%6.8%
  8.6%10.0%
  2.2%2.5%
  12.9%11.0%
  3.0%4.8%
  1.2%0.8%
  2.2%1.9%
  4.4%4.7%
  2.2%1.9%
  6.5%7.6%
  0.1%0.1%
  3.0%4.2%
  9.4%9.3%
  14.3%14.0%
  3.1%2.1%
  8.4%7.0%
  4.1%4.8%
  7.3%4.7%
Reviews for Murrieta
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Paul · 
Over 1 years ago

Very expensive to rent here. Many apartments in Murrieta charge as much as $2,300 for a single bedroom. But this is California, so maybe it’s cheaper than LA or Orange  More

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I moved here for my wife's job. It's a cookie cutter middle class community that costs 2-3 times as much as Texas. Homes aren't custom. They are tract homes on small  More

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George · 

A great place to live and raise a family. It’s a quintessential bedroom community. Very safe. Violent crime is a rarity here. Property crime is very low here too.  More

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