Madera, CA is a great place to live for those looking for an affordable lifestyle. The average two bedroom rent in Madera is $1,240 compared to the U.S. average of $1,430, making it a much more budget-friendly option. Grocery costs are slightly lower than the national average with an index of 99 versus 100 in the US. There are plenty of local companies and amenities available such as Madera County Bank & Trust, Valley Children's Healthcare and the Madera Cinema 10 Movie Theatre. With its affordability and range of options, Madera offers an ideal place to call home on a budget.
Madera has an unemployment rate of 10.0%. The US average is 6.0%.
Madera has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 33.0%, which is lower than the US average of 33.5%.
Tax Rates for Madera
- The Sales Tax Rate for Madera is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Madera 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 Madera
- The average income of a Madera resident is $14,460 a year. The US average is $28,555 a year.
- The Median household income of a Madera resident is $53,777 a year. The US average is $69,021 a year.