Lakeland Village, CA Economy


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Lakeland Village, CA is a vibrant community in the heart of California. It's proximity to other cities such as Orange County makes it an ideal home for those who want a suburban lifestyle that is close to all the amenities of urban living. The cost of living here is relatively low. For example, the average rent for two-bedroom apartments is only $2,110 per month, which is significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index in Lakeland Village is equal to that of the U.S., indicating that food prices are reasonable.
This community offers residents plenty of recreational activities and opportunities for entertainment. Some local companies in Lakeland Village include True Life Cleaning Systems, Inc., 3G Electric Company Inc., and Willams Technical Solutions LLC; while Concrete & Clay Park provides residents with outdoor fun at its tennis courts and skate park. Visitors can also visit nearby attractions such as Lakewood Center Mall, which features over 200 stores and restaurants; or Discovery Cube OC, where visitors can explore interactive science exhibits and displays.

Lakeland Village has an unemployment rate of 7.7%. The US average is 6.0%.

Lakeland Village has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 38.8%, which is higher than the US average of 33.5%.

Tax Rates for Lakeland Village
- The Sales Tax Rate for Lakeland Village is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Lakeland Village 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 Lakeland Village
- The average income of a Lakeland Village resident is $18,725 a year. The US average is $28,555 a year.
- The Median household income of a Lakeland Village resident is $72,029 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLakeland Village, CaliforniaUnited States
  7.76
  -5.8%-6.2%
  38.8%33.5%
  7.8%6.2%
  8.0%4.6%
  $24,532$37,638
  $72,029$69,021
  $74,401$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  14.4%6.8%
  9.3%10.0%
  2.4%2.5%
  16.6%11.0%
  3.4%4.8%
  0.6%0.8%
  1.4%1.9%
  1.8%4.7%
  2.7%1.9%
  2.6%7.6%
  0.0%0.1%
  8.0%4.2%
  4.7%9.3%
  13.9%14.0%
  3.7%2.1%
  7.4%7.0%
  4.0%4.8%
  2.9%4.7%
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