Parkwood, CA is a beautiful small city located in California. With its quaint downtown area full of local shops, restaurants, and attractions, it's no surprise that Parkwood has become a desired place to live for those looking for an intimate atmosphere away from the hustle and bustle of larger cities. The rent for a two bedroom apartment is $1,270 compared to the US average of $1,430. Grocery costs are also lower than the US average with an index of 99 versus 100 in the US. Local companies in Parkwood include Parkwood Floral & Gifts, Parkwood Automotive Repair Services, and Stonehouse Pizza. There are also many great attractions to do nearby such as hiking at Sycamore Canyon Trail or visiting the historic Mission San Miguel Arcangel which was founded in 1797.
Parkwood has an unemployment rate of 9.7%. The US average is 6.0%.
Parkwood has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 32.8%, which is lower than the US average of 33.5%.
Tax Rates for Parkwood
- The Sales Tax Rate for Parkwood is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Parkwood 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 Parkwood
- The average income of a Parkwood resident is $10,280 a year. The US average is $28,555 a year.
- The Median household income of a Parkwood resident is $51,391 a year. The US average is $69,021 a year.