Riverside, CA County is an attractive place to live with its lower housing costs and low grocery cost index. The average two-bedroom rent in the county is $1,750 compared with the national average of $1,430, making it a viable option for those looking to save money. Grocery costs are also lower than the national average in Riverside County, with an index of 99 compared to 100 across the United States. Local businesses include Inland Empire Health Plan, California Steel Industries, and Mission Inn Hotel & Spa. Additionally, there are many notable educational institutions such as University of California Riverside and Pomona College that create a vibrant culture in the area.
Riverside County has an unemployment rate of 7.7%. The US average is 6.0%.
Riverside County 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 38.8%, which is higher than the US average of 33.5%.
Tax Rates for Riverside County
- The Sales Tax Rate for Riverside County is 8.2%. The US average is 7.3%.
- The Income Tax Rate for Riverside 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 Riverside County
- The average income of a Riverside County resident is $23,660 a year. The US average is $28,555 a year.
- The Median household income of a Riverside County resident is $76,066 a year. The US average is $69,021 a year.