South El Monte, CA is a city located in Los Angeles County that offers its residents a unique lifestyle. It has an array of local businesses that contribute to its thriving community such as Pacific Coast Produce, Intergrated Logistics Services and California Fresh Markets. The cost of 2 bedroom rent is slightly higher than the US average at $1,880 compared to $1,430. Additionally, South El Monte has a Grocery Cost Index of 102 which is higher than the national average of 100. Residents are able to enjoy convenient access to nearby amenities that makes South El Monte an attractive living destination.
South El Monte has an unemployment rate of 10.9%. The US average is 6.0%.
South El Monte has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.
Tax Rates for South El Monte
- The Sales Tax Rate for South El Monte is 9.5%. The US average is 7.3%.
- The Income Tax Rate for South El Monte 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 South El Monte
- The average income of a South El Monte resident is $14,926 a year. The US average is $28,555 a year.
- The Median household income of a South El Monte resident is $60,244 a year. The US average is $69,021 a year.