Modesto, California is a growing city located in the Central Valley with a vibrant culture and many opportunities for entertainment and recreation. The cost of living compared to the US average is slightly less expensive with the median 2 bedroom rent being $1,410 versus the US median of $1,430. Grocery Cost Index in Modesto is also lower than the US at 104 versus 100. Notable local companies include Blue Diamond Growers, E & J Gallo Winery, and Foster Farms. There are also plenty of family-friendly attractions such as McHenry Museum and Mansion as well as adventure parks like Adventure Park USA. Modesto has something for everyone from outdoor activities to cultural experiences.
Modesto has an unemployment rate of 8.0%. The US average is 6.0%.
Modesto has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 29.5%, which is lower than the US average of 33.5%.
Tax Rates for Modesto
- The Sales Tax Rate for Modesto is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Modesto 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 Modesto
- The average income of a Modesto resident is $23,034 a year. The US average is $28,555 a year.
- The Median household income of a Modesto resident is $67,011 a year. The US average is $69,021 a year.