Big Lagoon, CA is a small rural community located in the northern part of California. This charming town provides residents with stunning views of the Pacific Ocean and abundant natural beauty. The cost of living in this area is above average, with 2 bedroom rent at $1,980 versus the national average of $1,430. Grocery costs are also higher in Big Lagoon given its Grocery Cost Index of 106 compared to the US index of 100. Despite these increased costs, locals benefit from thriving local businesses such as K&R Electronics and Starling Automotive that provide quality goods and services to the area.
Big Lagoon has an unemployment rate of 6.7%. The US average is 6.0%.
Big Lagoon has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 31.3%, which is lower than the US average of 33.5%.
Tax Rates for Big Lagoon
- The Sales Tax Rate for Big Lagoon is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Big Lagoon 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 Big Lagoon
- The average income of a Big Lagoon resident is $27,510 a year. The US average is $28,555 a year.
- The Median household income of a Big Lagoon resident is $46,484 a year. The US average is $69,021 a year.