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Economy in Paramount, California

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyParamount, CAUnited States
Unemployment Rate17.60%9.10%
Recent Job Growth-0.69%-0.12%
Future Job Growth21.02%31.25%
Sales Taxes8.25%6.80%
Income Taxes9.30%6.25%
Income per Cap.$14,365$27,067
Household Income$47,698$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K12.00%12.10%
Income between 15K and 25K12.05%10.18%
Income between 25K and 35K11.30%10.56%
Income between 35K and 50K17.50%14.98%
Income between 50K and 75K22.41%19.53%
Income between 75K and 100K12.23%12.52%
Income between 100K and 150K9.28%12.14%
Income between 150K and 250K1.73%3.91%
Income between 250K and 500K1.31%3.34%
Income greater than 500K0.20%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations6.89%13.81%
Professional and Related Occupations11.81%22.68%
Service14.46%14.51%
Sales and Office22.80%25.22%
Farming, Fishing, and Forestry0.19%0.68%
Construction, Extraction, and Maintenance10.72%9.37%
Production, Transportation, and Material Moving26.44%15.86%
Median Household Income

The unemployment rate in Paramount, CA, is 17.60%, with job growth of -0.69%. Future job growth over the next ten years is predicted to be 21.02%.

Paramount, CA Taxes

Paramount, CA,sales tax rate is 8.25%. Income tax is 9.30%.

Paramount, CA Income and Salaries

The income per capita is $14,365, which includes all adults and children. The median household income is $47,698.


Paramount Economy SperlingViews

Industry based: This city has been cleaned up from years of blue collar work force and crime. Like any other LA suburbs, it has it's negatives but for the most part, it is a pleasant... (read more)Have an opinion about Paramount? Leave a commentTo See All SperlingViews for Paramount Click Here