Orange County, CA is a great place to live for many reasons. It is known for its attractive climate, stunning beaches, and numerous recreational activities. The county boasts some of the most prosperous job markets in the region with major employers including Disneyland Resort, St. Joseph Health, Chapman University, Providence Healthcare System, Anaheim Union High School District and Kaiser Permanente. Additionally, the cost of living is relatively low when compared to other parts of California with an average 2 bedroom rent price being $2,540 compared to the US average of $1,430. Grocery costs are also slightly higher than the national index at 105 versus 100 US-wide. With many parks and attractions like Knott’s Berry Farm & Water Park or Balboa Island Boardwalk and fantastic beaches like Newport Beach or Huntington Beach it’s no wonder why so many people choose to make Orange County their home.
Orange County has an unemployment rate of 6.4%. The US average is 6.0%.
Orange County 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 32.8%, which is lower than the US average of 33.5%.
Tax Rates for Orange County
- The Sales Tax Rate for Orange County is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Orange County 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 Orange County
- The average income of a Orange County resident is $34,416 a year. The US average is $28,555 a year.
- The Median household income of a Orange County resident is $100,485 a year. The US average is $69,021 a year.