Laton, CA Economy


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Laton, CA is a small city located in California's Central Valley region. It is an affordable place to live with 2 bedroom rent at $1,170 compared to the US average of $1,430. The Grocery Cost Index in Laton is also lower than the US average, making it a great place for food shopping. Local companies include RealEstate Agency JMCB Inc., Valley Bank of Laton and Laton Telecommunications Corp. Laton has plenty of amenities such as parks, libraries, museums and entertainment venues. The city is a great choice for those looking for affordability and a convenient short commute to bigger cities close by like Fresno.

Laton has an unemployment rate of 9.9%. The US average is 6.0%.

Laton has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 30.8%, which is lower than the US average of 33.5%.

Tax Rates for Laton
- The Sales Tax Rate for Laton is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Laton 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 Laton
- The average income of a Laton resident is $19,300 a year. The US average is $28,555 a year.
- The Median household income of a Laton resident is $50,956 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLaton, CaliforniaUnited States
  9.96
  -5.3%-6.2%
  30.8%33.5%
  8.0%6.2%
  8.0%4.6%
  $20,222$37,638
  $50,956$69,021
  $63,257$85,028
  Population by Occupation
  33.0%1.2%
  0.0%0.5%
  5.8%6.8%
  10.2%10.0%
  4.3%2.5%
  10.0%11.0%
  4.9%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  3.2%1.9%
  0.0%7.6%
  0.0%0.1%
  0.9%4.2%
  5.4%9.3%
  10.2%14.0%
  0.0%2.1%
  4.8%7.0%
  7.3%4.8%
  0.0%4.7%
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