El Verano, CA is an up and coming town for people searching for a new home. The rent for a two-bedroom is $2,190 which is much higher than the US average of $1,430. The cost of grocery items in El Verano is 111 versus 100 in the US. This means that grocery prices are slightly higher in El Verano compared to other parts of the country.
Local companies in El Verano include Sheltons Automotive, Fitzhughs Fine Jewelry, Wooten Electric, and Eichar's Fish Market. Each company serves a unique purpose in the town whether it be automotive servicing or providing jewelry for special occasions. With these local businesses providing quality services to their customers, it's no surprise why so many people are attracted to living in El Verano.
El Verano has an unemployment rate of 6.0%. The US average is 6.0%.
El Verano has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 35.2%, which is higher than the US average of 33.5%.
Tax Rates for El Verano
- The Sales Tax Rate for El Verano is 8.6%. The US average is 7.3%.
- The Income Tax Rate for El Verano 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 El Verano
- The average income of a El Verano resident is $25,804 a year. The US average is $28,555 a year.
- The Median household income of a El Verano resident is $86,548 a year. The US average is $69,021 a year.