Laguna Niguel, CA Economy


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Laguna Niguel, California is a beautiful coastal community located in southern Orange County. The city is home to a population of nearly 66,000 people and has many attractions and amenities for residents and visitors alike. The median 2 bedroom rent in Laguna Niguel is $3,050 USD compared to the US average of $1,430 USD. The cost of living in Laguna Niguel is also higher than the national average; the Grocery Cost Index here is 106 versus 100 in the US.
Laguna Niguel is home to some prominent companies such as Microsoft, ATK Space Systems International Group, SeaSpine Orthopedics Corporation, Allergan PLC., Mission Hospital Regional Medical Center, Pacific National Title Company Inc., and OneWest Bank NA. With plenty of local job opportunities and an ever-increasing tourist presence, Laguna Niguel stands out as an attractive option for those looking for a great place to live or visit. Despite the higher costs of living when compared to other cities in California or even the US overall, it's clear that Laguna Niguel provides its residents with an excellent quality of life.

Laguna Niguel has an unemployment rate of 5.6%. The US average is 6.0%.

Laguna Niguel 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 31.3%, which is lower than the US average of 33.5%.

Tax Rates for Laguna Niguel
- The Sales Tax Rate for Laguna Niguel is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Laguna Niguel 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 Laguna Niguel
- The average income of a Laguna Niguel resident is $51,750 a year. The US average is $28,555 a year.
- The Median household income of a Laguna Niguel resident is $125,495 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLaguna Niguel, CaliforniaUnited States
  5.66
  -9.6%-6.2%
  31.3%33.5%
  7.8%6.2%
  8.0%4.6%
  $67,459$37,638
  $125,495$69,021
  $146,665$85,028
  Population by Occupation
  0.3%1.2%
  0.2%0.5%
  4.6%6.8%
  8.6%10.0%
  3.4%2.5%
  9.0%11.0%
  2.2%4.8%
  0.4%0.8%
  1.9%1.9%
  10.0%4.7%
  3.9%1.9%
  14.3%7.6%
  0.3%0.1%
  3.9%4.2%
  8.6%9.3%
  12.0%14.0%
  2.9%2.1%
  7.0%7.0%
  4.1%4.8%
  2.6%4.7%
Reviews for Laguna Niguel
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Over 4 years ago

I have lived in Laguna Niguel for over 20 years. After living in many of the surrounding cities, I found Laguna Niguel to be more laid back making it the perfect area  More

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This is, we think, a wonderful place to live. Friendly people, convenient to shopping, restaurants, beaches, etc. Weather is mild and beautiful. Everything is clean and  More

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Over 6 years ago

ANYONE THINKING ABOUT MOVING TO LAGUNA NIGUEL HAD BETTER RETHINK THEIR DECISION IF IT IS UNDER THE JURISDICTION OF THE LAGUNA KNOWLS H.O.A. IT IS THE MOST RACIALLY  More

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