Lake City, CA Economy


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United States / California / No Metro Area / Modoc County / Lake City / Zip Codes
Lake City, CA is a great place to live with plenty of local businesses to choose from. Rent for a 2 bedroom apartment in Lake City, CA is slightly lower than the US average, at $1,430 per month. Grocery costs in this area are also slightly lower than the US Index score of 100, with an index score of 99. Popular local businesses include \"Lake City Market\", which offers quality groceries and produce at affordable prices; \"Lake City Hardware\", a family-run store that sells hardware items including tools and paint; and \"Lake City Café\", a cozy restaurant that serves up delicious homemade dishes.

Lake City has an unemployment rate of 8.9%. The US average is 6.0%.

Lake City has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 17.3%, which is lower than the US average of 33.5%.

Tax Rates for Lake City
- The Sales Tax Rate for Lake City is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Lake City 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 Lake City
- The average income of a Lake City resident is $18,940 a year. The US average is $28,555 a year.
- The Median household income of a Lake City resident is $20,625 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLake City, CaliforniaUnited States
  8.96
  -1.5%-6.2%
  17.3%33.5%
  7.3%6.2%
  8.0%4.6%
  $28,888$37,638
  $20,625$69,021
Family Median Income 85028
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