Nuevo, CA is a small town located in Riverside County with a population of around 4,400 people. It has a rural feel while still having access to many amenities. Rent for two bedroom apartments is slightly higher than the US average at $1,590 per month. Grocery costs are also on par with the national average, which can provide some relief for those living in Nuevo. There are numerous small businesses in the area, such as Nuevo Auto Repair, Nuevo Barbershop and Nuevo Pizzeria. In addition to these local businesses, larger chains like Home Depot and Walmart have stores nearby that residents can easily access.
Nuevo has an unemployment rate of 7.7%. The US average is 6.0%.
Nuevo 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 Nuevo
- The Sales Tax Rate for Nuevo is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Nuevo 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 Nuevo
- The average income of a Nuevo resident is $19,329 a year. The US average is $28,555 a year.
- The Median household income of a Nuevo resident is $89,891 a year. The US average is $69,021 a year.