Simi Valley, CA is a vibrant city located in Ventura County. It is home to many businesses, including AeroVironment, Amgen, and Synthetic Genomics. The cost of living here is higher than the nation average for 2 bedroom rent ($2,800 vs $1,430) and grocery costs (107 index versus 100 nationally). Despite the prices being higher than the national average, many people find it attractive due to its proximity to Los Angeles and its beautiful outdoor activities. Residents can enjoy a range of parks, trails, and beaches nearby.
Simi Valley has an unemployment rate of 5.6%. The US average is 6.0%.
Simi Valley has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 28.2%, which is lower than the US average of 33.5%.
Tax Rates for Simi Valley
- The Sales Tax Rate for Simi Valley is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Simi Valley 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 Simi Valley
- The average income of a Simi Valley resident is $37,279 a year. The US average is $28,555 a year.
- The Median household income of a Simi Valley resident is $102,627 a year. The US average is $69,021 a year.