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Economy in Palm Springs, California

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyPalm Springs, CAUnited States
Unemployment Rate11.00%9.10%
Recent Job Growth-1.73%-0.12%
Future Job Growth25.54%31.25%
Sales Taxes7.75%6.80%
Income Taxes9.30%6.25%
Income per Cap.$33,093$27,067
Household Income$44,810$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K14.12%12.10%
Income between 15K and 25K13.34%10.18%
Income between 25K and 35K12.60%10.56%
Income between 35K and 50K15.05%14.98%
Income between 50K and 75K15.62%19.53%
Income between 75K and 100K10.71%12.52%
Income between 100K and 150K9.87%12.14%
Income between 150K and 250K3.89%3.91%
Income between 250K and 500K3.73%3.34%
Income greater than 500K1.05%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations12.52%13.81%
Professional and Related Occupations18.81%22.68%
Service22.51%14.51%
Sales and Office26.32%25.22%
Farming, Fishing, and Forestry0.08%0.68%
Construction, Extraction, and Maintenance7.37%9.37%
Production, Transportation, and Material Moving7.40%15.86%
Median Household Income

The unemployment rate in Palm Springs, CA, is 11.00%, with job growth of -1.73%. Future job growth over the next ten years is predicted to be 25.54%.

Palm Springs, CA Taxes

Palm Springs, CA,sales tax rate is 7.75%. Income tax is 9.30%.

Palm Springs, CA Income and Salaries

The income per capita is $33,093, which includes all adults and children. The median household income is $44,810.


Palm Springs Economy SperlingViews

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