Freedom, CA is a small city located in California's Central Valley. It has a population of just over 5,000 people and is known for its beautiful views of the Sierra Nevada Mountains. The cost of living in Freedom, CA is on the higher end compared to other cities in California. Rent for a two bedroom apartment costs $2,940 while the national average is only $1,430. In addition to rent, groceries are also more expensive in Freedom with an index of 107 versus the US at 100. Despite these higher costs of living, many people choose to live here due to its proximity to larger cities such as Fresno and Bakersfield. Freedom has several local businesses such as Don's Auto Repair and Jaxon's Bar & Grill that help contribute to its vibrant economy.
Freedom has an unemployment rate of 8.1%. The US average is 6.0%.
Freedom has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 31.0%, which is lower than the US average of 33.5%.
Tax Rates for Freedom
- The Sales Tax Rate for Freedom is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Freedom 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 Freedom
- The average income of a Freedom resident is $18,078 a year. The US average is $28,555 a year.
- The Median household income of a Freedom resident is $93,253 a year. The US average is $69,021 a year.