Walnut, CA is a beautiful city located in Los Angeles County. It is home to many local businesses including Walnut Dental Care, U-Haul of Walnut Creek, and Stuft Pizza Bar & Grill. The cost of living in this area can be high due to the 2 bedroom rent averaging $3,320 compared to the US average of $1,430. Additionally, the grocery cost index for Walnut is higher than the US average; 104 versus 100 respectively. Despite this increased cost of living, many people choose to live here as it offers a variety of amenities and attractions such as a selection of parks and trails with breathtaking landscapes.
Walnut has an unemployment rate of 8.3%. The US average is 6.0%.
Walnut 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 34.6%, which is higher than the US average of 33.5%.
Tax Rates for Walnut
- The Sales Tax Rate for Walnut is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Walnut 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 Walnut
- The average income of a Walnut resident is $35,064 a year. The US average is $28,555 a year.
- The Median household income of a Walnut resident is $121,882 a year. The US average is $69,021 a year.