Palermo, CA is a great place to live with lots of amenities and services. It has an affordable two bedroom rent of $1,120, which is lower than the U.S average of $1,430. The cost of groceries in Palermo is also lower than the national average at 99 compared to 100. There are many local businesses and services available in Palermo including Fiesta Market, Palermo Grocery, Hollywood Video, and KFC. There are also plenty of outdoor activities to enjoy such as hiking trails, biking paths, golf courses and camping sites. With its great location near the ocean and close proximity to San Francisco it's no wonder why Palermo is an attractive city for living.
Palermo has an unemployment rate of 7.5%. The US average is 6.0%.
Palermo has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 33.4%, which is lower than the US average of 33.5%.
Tax Rates for Palermo
- The Sales Tax Rate for Palermo is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Palermo 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 Palermo
- The average income of a Palermo resident is $21,349 a year. The US average is $28,555 a year.
- The Median household income of a Palermo resident is $42,135 a year. The US average is $69,021 a year.