Poway, CA is an attractive place for those looking for a higher standard of living. The 2-bedroom rent in Poway is $2,270, nearly double what it is in the US at $1,430. Additionally, groceries are more expensive in Poway with a grocery cost index of 112 compared to the national average of 100. Poway has plenty of local businesses that contribute to its robust economy. Companies such as Abacus Plumbing and Air Conditioning, The Home Depot, Walmart and Target have locations in Poway making it a great place for shopping and services. All these factors make Poway an ideal location for those looking for a high quality of living.
Poway has an unemployment rate of 4.9%. The US average is 6.0%.
Poway 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 33.6%, which is higher than the US average of 33.5%.
Tax Rates for Poway
- The Sales Tax Rate for Poway is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Poway 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 Poway
- The average income of a Poway resident is $40,681 a year. The US average is $28,555 a year.
- The Median household income of a Poway resident is $119,847 a year. The US average is $69,021 a year.