August, CA Economy


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August, CA is a vibrant city with many attractions. It is home to some of the most popular companies in the world such as Google, Apple, and Facebook. August also has its own unique flavor with local restaurants and boutique stores lining its streets. The 2 bedroom rent in August, CA is $1,320 compared to $1,430 in other cities throughout the US. Additionally, the grocery cost index in August comes out to 102 compared to the national average of 100; this indicates that groceries are more expensive here than elsewhere in the US. This evidence shows that although August is a wonderful place to live and work, it can be expensive to call it home.

August has an unemployment rate of 9.2%. The US average is 6.0%.

August 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 36.2%, which is higher than the US average of 33.5%.

Tax Rates for August
- The Sales Tax Rate for August is 9.0%. The US average is 7.3%.
- The Income Tax Rate for August 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 August
- The average income of a August resident is $10,941 a year. The US average is $28,555 a year.
- The Median household income of a August resident is $43,857 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAugust, CaliforniaUnited States
  9.26
  -4.1%-6.2%
  36.2%33.5%
  7.8%6.2%
  8.0%4.6%
  $17,075$37,638
  $43,857$69,021
  $57,802$85,028
  Population by Occupation
  25.7%1.2%
  0.8%0.5%
  13.8%6.8%
  9.0%10.0%
  1.5%2.5%
  10.2%11.0%
  14.8%4.8%
  0.0%0.8%
  0.0%1.9%
  1.4%4.7%
  1.5%1.9%
  0.2%7.6%
  0.0%0.1%
  4.6%4.2%
  0.3%9.3%
  5.5%14.0%
  0.0%2.1%
  4.5%7.0%
  4.1%4.8%
  2.1%4.7%
Health
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