Zip 93562 (Searles Valley, CA) Economy


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Searles Valley, CA (zip code 93562) is a small community located in San Bernardino County. Residents of this area enjoy an affordable cost of living, with average 2 bedroom rent costing only $1,380 per month compared to the US average of $1,430. Grocery costs are also quite competitive at 93 on the grocery cost index versus 100 in the US. The local economy is comprised mainly of small businesses and agriculture. Local companies include Searles Valley Minerals (a mining operation), Searles Valley Farms (an agricultural operation), Pahrump Valley Winery (a winery and tasting room), and Country Cloud Candies (a candy shop).

Searles Valley (zip 93562) has an unemployment rate of 7.8%. The US average is 6.0%.

Searles Valley (zip 93562) has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 38.7%, which is higher than the US average of 33.5%.

Tax Rates for Searles Valley (zip 93562)
- The Sales Tax Rate for Searles Valley (zip 93562) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Searles Valley (zip 93562) 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 Searles Valley (zip 93562)
- The average income of a Searles Valley (zip 93562) resident is $21,571 a year. The US average is $28,555 a year.
- The Median household income of a Searles Valley (zip 93562) resident is $45,682 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySearles Valley, CaliforniaUnited States
  7.86
  -5.7%-6.2%
  38.7%33.5%
  7.8%6.2%
  8.0%4.6%
  $21,977$37,638
  $45,682$69,021
  $60,181$85,028
  Population by Occupation
  0.0%1.2%
  9.9%0.5%
  12.9%6.8%
  21.8%10.0%
  0.0%2.5%
  3.8%11.0%
  0.0%4.8%
  0.0%0.8%
  1.2%1.9%
  1.8%4.7%
  0.0%1.9%
  1.8%7.6%
  0.0%0.1%
  3.8%4.2%
  15.5%9.3%
  11.9%14.0%
  1.2%2.1%
  7.1%7.0%
  1.0%4.8%
  6.3%4.7%
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