Phoenix Lake, CA is an idyllic suburb with abundant outdoor activity options and a moderate cost of living. Located about 20 miles from downtown Sacramento, Phoenix Lake provides convenient access to the city while still allowing residents to enjoy tranquil lakeside living. The average 2-bedroom rent of $1,220 is significantly lower than the US average price of $1,430. Additionally, the local grocery cost index of 105 is higher than the US average of 100 meaning that groceries are more reasonably priced in Phoenix Lake.
The town has plenty to offer with its close proximity to multiple parks such as Folsom Lake State Park and Beal's Point Recreational Area where people can enjoy fishing, boating and swimming. Plus there are ample shopping opportunities at nearby malls such as Arden Fair Mall and Country Club Plaza Shopping Center. Nearby restaurants include Cattlemens Steak House and Barley & Board Bistro & Beer Garden for a tasty meal out on the town.
Phoenix Lake has many great reasons for people to settle down in this beautiful community. With its reasonable cost of living set amidst natural beauty and conveniently located businesses, Phoenix Lake definitely stands apart from other suburbs making it a perfect place to call home.
Phoenix Lake has an unemployment rate of 8.3%. The US average is 6.0%.
Phoenix Lake 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 28.5%, which is lower than the US average of 33.5%.
Tax Rates for Phoenix Lake
- The Sales Tax Rate for Phoenix Lake is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Phoenix Lake 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 Phoenix Lake
- The average income of a Phoenix Lake resident is $34,735 a year. The US average is $28,555 a year.
- The Median household income of a Phoenix Lake resident is $62,946 a year. The US average is $69,021 a year.