Forbestown, CA Economy


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Forbestown, CA is a small town in California known for its close-knit community and affordable cost of living. It offers beautiful views and plenty of outdoor activities for its residents. The average two bedroom rent in Forbestown is $1,190, which is significantly lower than the US average of $1,430. Groceries are also relatively inexpensive with an index score of 100 compared to the US at 100 as well. Local businesses in Forbestown include a grocery store, a pharmacy, and several restaurants. Overall, the cost of living is quite low in Forbestown making it an attractive option for people seeking a peaceful yet affordable place to live.

Forbestown has an unemployment rate of 7.5%. The US average is 6.0%.

Forbestown has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 33.4%, which is lower than the US average of 33.5%.

Tax Rates for Forbestown
- The Sales Tax Rate for Forbestown is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Forbestown 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 Forbestown
- The average income of a Forbestown resident is $20,552 a year. The US average is $28,555 a year.
- The Median household income of a Forbestown resident is $85,582 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyForbestown, CaliforniaUnited States
  7.56
  -9.4%-6.2%
  33.4%33.5%
  7.3%6.2%
  8.0%4.6%
  $29,779$37,638
  $85,582$69,021
  $85,582$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  0.0%10.0%
  0.0%2.5%
  0.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  0.0%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
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