Rancho Cordova, CA is a vibrant city located in the greater Sacramento area. It offers an abundance of amenities for residents and visitors alike. The cost of living is reasonable with two bedroom rent at $1,810 compared to the US two bedroom rent average of $1,430. Groceries are also affordable in Rancho Cordova, as the grocery cost index is 105 versus 100 in the US.
The city is home to many businesses including Intel Corporation, Sutter Health, and Amgen Pharmaceuticals. These companies offer plenty of job opportunities and help create a thriving economy within Rancho Cordova. Additionally, there are numerous attractions to explore like the American River Parkway Trail System which offers hiking trails and biking paths along the river or Folsom Lake State Recreation Area which boasts boating activities on one of California’s largest lakes. Finally, there are several restaurants ranging from traditional eateries to modern bistros that provide delicious menus for all palates.
Rancho Cordova has an unemployment rate of 7.4%. The US average is 6.0%.
Rancho Cordova 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 36.9%, which is higher than the US average of 33.5%.
Tax Rates for Rancho Cordova
- The Sales Tax Rate for Rancho Cordova is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Rancho Cordova 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 Rancho Cordova
- The average income of a Rancho Cordova resident is $24,462 a year. The US average is $28,555 a year.
- The Median household income of a Rancho Cordova resident is $77,044 a year. The US average is $69,021 a year.