China Lake Acres is a small town located in California. It is situated near the lake of the same name. Home to several local companies such as China Lake Veterinary Clinic, China Lake Fire Department and China Lake Trading Post, this quiet, close-knit community offers an affordable cost of living compared to larger cities nearby. The two bedroom rent in China Lake Acres is $1,340 per month which is almost 10% lower than the average two bedroom rent in the US which stands at $1,430 per month. Additionally, the grocery cost index for Chinese Lake Acres is 98 versus 100 for the whole country making it an ideal place for those who want to save some money on everyday expenses.
China Lake Acres has an unemployment rate of 11.1%. The US average is 6.0%.
China Lake Acres has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 19.6%, which is lower than the US average of 33.5%.
Tax Rates for China Lake Acres
- The Sales Tax Rate for China Lake Acres is 7.3%. The US average is 7.3%.
- The Income Tax Rate for China Lake Acres 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 China Lake Acres
- The average income of a China Lake Acres resident is $22,054 a year. The US average is $28,555 a year.
- The Median household income of a China Lake Acres resident is $62,532 a year. The US average is $69,021 a year.