Westminster, CA is an ideal residential area for those looking for an affordable alternative to renting in the US. With a two bedroom rent at $2,140, Westminster is about 50% cheaper than the US average. Additionally, grocery cost index in Westminster is 3 points higher than the national average which adds to its reputation as an affordable and desirable place to live. Westminster is also home to many well-known companies including Jamba Juice, Edison International and McAfee Inc. These companies help to fuel the city's economy and provide ample employment opportunities for those who live there.
Westminster has an unemployment rate of 8.2%. The US average is 6.0%.
Westminster has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 30.8%, which is lower than the US average of 33.5%.
Tax Rates for Westminster
- The Sales Tax Rate for Westminster is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Westminster 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 Westminster
- The average income of a Westminster resident is $22,821 a year. The US average is $28,555 a year.
- The Median household income of a Westminster resident is $71,108 a year. The US average is $69,021 a year.