Grass Valley, CA Economy


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Grass Valley, CA is an attractive town for those looking to rent in the California area. The two bedroom rent of $1,700 per month is higher than the average rate of $1,430 in the US, but still provides value given the numerous amenities offered. Local companies such as Farmers' Exchange Bank and Nevada County Technology Company provide jobs for residents while attractions like Empire Mine State Historic Park and Dorsey Cinema offer recreational activities. With low unemployment rates, high safety ratings, and a cost of living index lower than the national average, Grass Valley is a great place to call home.

Grass Valley has an unemployment rate of 6.1%. The US average is 6.0%.

Grass Valley 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 31.1%, which is lower than the US average of 33.5%.

Tax Rates for Grass Valley
- The Sales Tax Rate for Grass Valley is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Grass 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 Grass Valley
- The average income of a Grass Valley resident is $23,005 a year. The US average is $28,555 a year.
- The Median household income of a Grass Valley resident is $44,906 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGrass Valley, CaliforniaUnited States
  6.16
  -8.5%-6.2%
  31.1%33.5%
  8.5%6.2%
  8.0%4.6%
  $32,575$37,638
  $44,906$69,021
  $56,397$85,028
  Population by Occupation
  1.4%1.2%
  0.0%0.5%
  4.9%6.8%
  5.0%10.0%
  1.1%2.5%
  18.3%11.0%
  5.4%4.8%
  1.1%0.8%
  0.6%1.9%
  0.4%4.7%
  1.3%1.9%
  4.3%7.6%
  0.0%0.1%
  7.7%4.2%
  6.7%9.3%
  21.2%14.0%
  2.8%2.1%
  4.3%7.0%
  8.1%4.8%
  5.4%4.7%
Reviews for Grass Valley
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I've lived many places in California. I've now lived in Grass Valley for 2 years. Grass Valley and it's sister Nevada City are adorable little towns full of history and  More

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Grass valley has become a sad place to live. I was born and raised here and can no longer afford to raise my small family here. Look up the median annual wage and the  More

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I'm 25 years old and I've lived in this town all of my life, and I'm saving every single dollar I make to leave here and never come back. It's a shame, because at one  More

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