Oxnard, CA is a popular Southern California city located on the Pacific Coast. The cost of living in this area is higher than the national average, with two bedroom rent in Oxnard averaging $2,210 compared to the US two bedroom rent of $1,430. Additionally, grocery costs in Oxnard have an index rating of 106 compared to 100 for the US. Despite higher prices for living expenses, many people are drawn to Oxnard due to its employment opportunities. The city is home to several companies such as Amgen Inc., Calavo Growers Inc., and Channel Islands Harbor Company. While Oxnard has a more expensive cost of living than other parts of the United States, it continues to be a desirable destination for its combination of career advancement options and coastal environment.
Oxnard has an unemployment rate of 7.6%. The US average is 6.0%.
Oxnard has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 27.2%, which is lower than the US average of 33.5%.
Tax Rates for Oxnard
- The Sales Tax Rate for Oxnard is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Oxnard 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 Oxnard
- The average income of a Oxnard resident is $20,651 a year. The US average is $28,555 a year.
- The Median household income of a Oxnard resident is $83,180 a year. The US average is $69,021 a year.