Borrego Springs, CA is a great place to live with a 2 bedroom rent costing $1,270 per month compared to the US average of $1,430. Additionally the Grocery Cost Index in Borrego Springs is 102 versus 100 in the US. This indicates that groceries may be slightly more expensive than other parts of the country. The area offers many local businesses such as Borrego Valley Gas Station, Coyote Mountain Mercantile and Country Market, and Phillips 66 Gas Station for all your needs. For those looking for stores comparable to national chains like Walmart or Target, Oasis Convenience & Deli offers groceries similar to these stores without the long drives or crowds.
Borrego Springs has an unemployment rate of 6.9%. The US average is 6.0%.
Borrego Springs has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 34.2%, which is higher than the US average of 33.5%.
Tax Rates for Borrego Springs
- The Sales Tax Rate for Borrego Springs is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Borrego Springs 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 Borrego Springs
- The average income of a Borrego Springs resident is $21,464 a year. The US average is $28,555 a year.
- The Median household income of a Borrego Springs resident is $103,390 a year. The US average is $69,021 a year.