Pasadena, CA is a vibrant city located in Los Angeles County that is known for its Mediterranean climate. It is home to some of the most prolific companies in Southern California, including CalTech, JPL, NASA's Jet Propulsion Laboratory, Parsons Corporation and The Art Center College of Design. Furthermore, Pasadena provides many cultural attractions to its visitors such as The Huntington Library and The Norton Simon Museum. \nWhen it comes to rental costs, 2-bedroom apartments in Pasadena are quite expensive compared to other cities in the US. According to data collected from over 1 million listings across the country, average rent for a 2-bedroom apartment in Pasadena is approximately $2,600 a month while the national average is about $1,430 dollars per month. In addition to cost of rent being higher in Pasadena than in other places around the US, grocery cost index is also significantly higher at 105 versus 100 nationally.
Pasadena has an unemployment rate of 9.0%. The US average is 6.0%.
Pasadena 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 35.2%, which is higher than the US average of 33.5%.
Tax Rates for Pasadena
- The Sales Tax Rate for Pasadena is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Pasadena 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 Pasadena
- The average income of a Pasadena resident is $41,268 a year. The US average is $28,555 a year.
- The Median household income of a Pasadena resident is $89,661 a year. The US average is $69,021 a year.