Penngrove, CA is a small town located in Sonoma County, California. It has a total population of approximately 2,845 people. The median two bedroom rent in Penngrove is $1,960 compared to the US average of $1,430. Grocery cost index in Penngrove is also higher than the national average of 100 with 113 local index rating points.
Penngrove has many local businesses and companies that contribute to its vibrant economy. These include restaurants like J's BBQ Shack and Penngrove Market Cafe, shopping centers such as the Von’s Marketplace and Crossroads Shopping Center, as well as leisure activities like The Village Inn Bowling Alley and Petaluma Golf & Country Club.
Compared to the United States at large, rental prices are significantly higher in Penngrove and grocery costs are relatively higher too. There are also fewer shopping centers than other parts of the country making it difficult to find convenient options for everyday items. However, despite these differences there are plenty of exciting opportunities for businesses both big and small which continue to make this small town an attractive location for living or visiting.
Penngrove has an unemployment rate of 6.0%. The US average is 6.0%.
Penngrove has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 35.2%, which is higher than the US average of 33.5%.
Tax Rates for Penngrove
- The Sales Tax Rate for Penngrove is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Penngrove 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 Penngrove
- The average income of a Penngrove resident is $49,672 a year. The US average is $28,555 a year.
- The Median household income of a Penngrove resident is $91,618 a year. The US average is $69,021 a year.