La Palma, California is a vibrant city located in Orange County with plenty to offer its residents. The average rent for a 2 bedroom apartment in La Palma is $2,400 compared to the US average of $1,430. Additionally, the Grocery Cost Index in La Palma is 104 versus the US average of 100. This makes La Palma an attractive place for those looking to live in an area with higher-than-average wages and salaries.
The city is home to many local companies such as Pacific Canvas & Awning Co., Culver Property Management Inc., and Los Angeles Auto Glass Inc. Despite its higher costs of living, La Palma has something for everyone. With a variety of activities from dining out to visiting one of the many parks or shopping centers, there's never a dull moment here!
La Palma has an unemployment rate of 6.4%. The US average is 6.0%.
La Palma has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 32.8%, which is lower than the US average of 33.5%.
Tax Rates for La Palma
- The Sales Tax Rate for La Palma is 8.8%. The US average is 7.3%.
- The Income Tax Rate for La Palma 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 La Palma
- The average income of a La Palma resident is $33,524 a year. The US average is $28,555 a year.
- The Median household income of a La Palma resident is $106,473 a year. The US average is $69,021 a year.