Tracy, CA is an appealing city for renters because of its affordable rent prices. A two bedroom apartment in Tracy, CA averages at $2,090 per month while the US average is $1,430. Additionally, the cost of living index in Tracy is 107 versus 100 in the US. This means basic goods like groceries are slightly more expensive to buy; however, this is a fair trade-off for those looking to settle down with lower rental costs.
The job market in Tracy is ever growing with successful companies such as Amazon Fulfillment Center and Manteca Unified School District. These companies offer great opportunities for those looking to start or continue their career paths in Tracy, CA. Other businesses that make up the job market in Tracy are The Home Depot, Sonic Drive-in and Walmart Supercenter. With these diverse options available to residents of Tracy, it provides further incentive for relocating families and individuals looking for a new place to call home.
Tracy has an unemployment rate of 6.3%. The US average is 6.0%.
Tracy has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 42.5%, which is higher than the US average of 33.5%.
Tax Rates for Tracy
- The Sales Tax Rate for Tracy is 8.2%. The US average is 7.3%.
- The Income Tax Rate for Tracy 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 Tracy
- The average income of a Tracy resident is $26,121 a year. The US average is $28,555 a year.
- The Median household income of a Tracy resident is $102,336 a year. The US average is $69,021 a year.